Trade union Solidarity is giving former Eskom CEO Brian Molefe seven days to pay the R700,000 owed to it, while the power utility has given him until next week to cough up about R10m in pension payments that were unlawfully paid to him.
This comes after Molefe lost his final bid in the Constitutional Court earlier in August to appeal against a judgment that ordered that he pay back the pension payments, which were unlawfully paid to him by Eskom’s pension fund. It also dismissed his application to be reinstated as CEO of Eskom, from which he claimed he had never resigned, as the agreement that necessitated his departure from Eskom was dependent on his eligibility for early retirement.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BDliveSA - 🏆 12. / 63 Read more »
Brian Molefe's 'lovely' letter to Solidarity asks for 30 days to repay R700,000'Mr Molefe wrote us a lovely letter to say that he wants to repay the amount. He wants 30 days in which to pay us,' Solidarity’s lawyer, Anton van der Bijl, said on Thursday.
Source: SowetanLIVE - 🏆 13. / 63 Read more »
Brian Molefe's 'lovely' letter to Solidarity asks for 30 days to repay R700,000Former Eskom CEO Brian Molefe has written a letter to trade union Solidarity asking for 30 days to repay a legal cost order made against him to the tune of R708,102.
Source: TimesLIVE - 🏆 28. / 59 Read more »
ARB keeps faith in Eskom projectsARB Holdings says it is well-placed to take advantage of an increase in Eskom electrification projects
Source: BDliveSA - 🏆 12. / 63 Read more »
New acquisitions help ARB Holdings offset Eskom troublesThe group grew revenue 4.5% in the year to end-June, but poor local conditions prompted a decline in operating profit and headline earnings
Source: BDliveSA - 🏆 12. / 63 Read more »
Former Eskom bosses line up for top jobNew CEO will have the tough task of turning the utility into a viable business
Source: BDliveSA - 🏆 12. / 63 Read more »