Today's Labour News

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eskomFin24 reports that the Eskom Pension and Provident Fund (EPPF) has confirmed that its lawyers have instructed former Eskom CEO Brian Molefe to return more than R10m he received from the fund.  

This was after the Constitutional Court last week dismissed Molefe's application for leave to appeal against a North Gauteng High Court decision handed down last year that he must pay back around R10m in pension benefits from Eskom.  EPPF spokesperson Thato Motlhabi indicated:  "The high court judgment stipulated that Mr Molefe needed to repay all amounts paid to him by the EPPF, totalling R10,327,074.53, within 10 days (of the ruling).  The EPPF is in the process of seeking payment and any payment terms shall be set out in the course of these actions."  He confirmed that the EPPF had instructed its attorneys to seek to recover the amounts due to the Fund and that a letter of demand had been sent to Mr Molefe, through his attorneys, requesting payment.

  • Read the full original of the above report by Khulekani Magubane at Fin24


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