Today's Labour News

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eskomBL Premium reports that former Eskom CEO Brian Molefe has not paid back the millions he owes the state-owned power utility’s pension fund, prompting further court action against him.  

Yet, it is not clear how much Molefe actually owes.  The High Court in Pretoria ordered that he pay back more than R10m, but he argues the figure is closer to R3m.  The Eskom Pension and Provident Fund (EPPF) has applied to the court for clarity.  This comes after Molefe lost his final bid in the Constitutional Court in August to appeal against a judgment that ordered that he pay back the pension payments, which were unlawfully paid out to him by the EPPF.  Molefe was awarded millions of rand in an early retirement pension benefit after he resigned in 2016.  The EPPF confirmed on Monday that it had so far not received any payment from Molefe.  On 23 August, the fund instructed its lawyers to institute court proceedings to ensure that Molefe repaid more than R10m, as directed by the court.  Meantime, Molefe also has to pay trade union Solidarity after a cost order was given by the court.  Last week, the union said it had instructed the sheriff of the court to proceed with the seizure of Molefe’s property as he owed it R200,000.

  • Read the full original of the above report by Genevieve Quintal at BusinessLive (paywall access only)

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