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Sunday Independent reports that Eskom's former acting treasurer, Mandla Maleka, who spent eight months acting in the role, is heading to the CCMA after being overlooked for the job, which he claims has been given to 'a white man with less experience'.
Maleka is challenging the appointment in May of Richard Vaughan, a former Edcon group CEO, as the company group treasurer. He is also demanding to know why the wife of Trevor Manuel, Maria Ramos, who isn’t an Eskom employee or board member, was allowed to sit on the interviews and post questions to the candidates for the power utility’s group treasurer. He has moreover asked why Eskom CEO Andre de Ruyter, who apparently was not supposed to be part of the interviewing panel, didn’t recuse himself as one of the candidates was a former colleague at Sasol and Nampak and they know each other very well. De Ruyter used to work for Sasol and Nampak before joining Eskom. “The process used to appoint Vaughan was unfair and discriminatory. Vaughan never disclosed he was a chief operating officer of a sinking ship, as Edcon went bust shortly after he was interviewed, and secondly he doesn’t have 10 years’ treasury related experience as required in the job advert but I have been working for Eskom treasury for more than 20 years,” Maleka claimed. Eskom COO Calib Cassim said the successful candidate, namely Vaughan, was chosen because “he had debt restructuring experience” and that he could “assist Eskom with debt restructuring”.
- Read the full original of the report in the above regard by Karabo Ngoepe at Sunday Independent
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