Pay back the money: Brian Molefe loses bid to keep Eskom millions

Pay back the money: Brian Molefe loses bid to keep Eskom millions

Ex-Eskom boss Brian Molefe has lost his bid to retain millions paid out by the cash-strapped utility. The Constitutional Court has dismissed Molefe's leave to appeal the High Court ruling which ordered him to repay part of the R30 million pension payout.

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The Constitutional Court squashed any hope Brian Molefe had of retaining the entire R30 million he received from Eskom.

The former Eskom CEO had hoped to appeal the High Court ruling which had found he had unlawfully 'enriched' himself from the Eskom Pension Fund.

This means that Molefe will now have to pay back a staggering R11 million, something he has not yet started to do in light of his numerous attempts to appeal, reports News24.

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Solidarity is not going to let this one slide, releasing a statement saying that they will ensure the utility is paid back the ill-gotten funds.

In the statement the lobby group divulged that they will 'immediately institute action' and make sure that the millions Molefe had 'plundered' from the Eskom Pension Fund is returned.

In 2016 Molefe had illegally awarded himself an early retirement pension benefit after he resigned from Eskom, despite currently only being 53 years old.

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Source: Briefly.co.za

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