Brian Molefe’s D-day arrives - but no R10m yet

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The Eskom Pension and Provident Fund was expecting more than R10m to enter its account by close of business on Thursday from former Eskom CEO Brian Molefe.

This came after three different courts, over the course of two years, determined that he received the money from the pension fund unlawfully and that it had to be repaid.

The legal battle, which saw union Solidarity go to great lengths to see the funds recovered, has been going on since the beginning of 2017. In its recently released integrated report, Eskom detailed the timeline of the court cases related to the pay-out and said it was closely monitoring the matter. In February 2018, he applied for leave to appeal the high court judgment concerning the pension pay-out, but this application for leave to appeal was dismissed in April last year. He then approached the Supreme Court of Appeal for leave to appeal the North Gauteng High Court decision. The Supreme Court of Appeal dismissed the petition.

Solidarity head of legal services Anton van der Bijl said the union had been in contact with the Eskom Pension and Provident Fund and that the fund committed to taking steps to ensure the wishes of the court would be honoured.

 

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