THICK END OF THE WEDGE
PETER BRUCE: Molefe kept on a diamond-studded leash
We're paying Molefe at least R800,000 a month. This for a guy who likes to wave a copy of The Wretched of the Earth
The thought of Brian Molefe going back to his job as CE at Eskom after failing to become finance minister is so awful I feel sick every time I think about it. He didn’t resign in 2016, even though Eskom and Public Enterprises Minister Lynne Brown said he had. He retired. Wednesday morning’s Business Day carried a story quoting the head of the Eskom pension fund as saying he had been retrenched. Whatever. They are all lies peddled by liars. Imagine what might have happened to his R30m "pension" payout had he indeed become finance minister, as the Gupta family and President Jacob Zuma originally intended. Would he still have taken "early retirement" under the generous Eskom pension fund rules and taken the money?I bet he would have. It’s just money after all, and it comes from shmucks like you and me who pay our bills. And as of this week, we’re paying Molefe at least R800,000 a month just to do his job. That’s R40,000 per working day. This for a guy who likes to wave around a copy of...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
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.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.