In an extraordinary turn of events, in order for Eskom to even get started with legal arguments to defend the circus that has now become the return of Brian Molefe, it needs to undo the legal victory it won in 2010 when former CEO Jacob Maroga pulled the "I did not resign" stunt against Eskom. On October 28 2009, Maroga informed the board that having thought long and hard about a matter in respect of which he disagreed with the board and, in particular, its then chairman Bobby Godsell, he had decided to resign as CEO. After some deliberation, the board decided to accept his resignation. At a dinner meeting between Maroga and two of Eskom’s directors, the board’s acceptance of the resignation was communicated to him. The directors and Maroga left the dinner fully recognising that the employment contract had been terminated and the only matter that remained was the calculation of Maroga’s exit payment. The following morning, Maroga informed the board in a letter that, upon reflection ...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.