Today's Labour News

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eskomBusinessLive reports that Solidarity has given 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.  

The trade union said it received a letter from Molefe's lawyers on Friday requesting a 30-day postponement for the payment of R700,000, which related to legal costs.  This was after the trade union had instructed the sheriff to proceed with the attachment of Molefe's property.  Solidarity CEO Dirk Hermann said a period of 30 days was an unnecessarily long time for the repayment and wrote a letter giving Molefe seven days to pay the money.  This came 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 unlawfully paid out to him by the Eskom Pension Fund.  On Friday, Solidarity said the fund had indicated that it had given Molefe until 22 August to repay it, failing which it take legal action.  “For Solidarity, it is solely about accountability.  Money cannot be plundered by tax plunderers and then they walk away scot-free,” Hermann said.

  • Read the full original of the above report by Genevieve Quintal at BusinessLive

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