In a dramatic turn of events, Eskom CEO Brian Molefe has thrown in the towel and will leave the power utility on January 1.
In a statement released on Friday afternoon, the Eskom boss attacked former public protector Thuli Madonsela’s State of Capture, which had sketched a damning picture of his suspected close ties with the Gupta family. Molefe said he had to step down in the interests of the utility and the pulblic
This from his statement:
“I have, in the interests of good corporate governance, decided to leave my employ at Eskom from 1 January 2017. I do so voluntarily: indeed I wish to pay tribute to the unfailing support I have had since I took up office form the chairman, the Board and with those with whom it has been my privilege to work. Together we brought Eskom back from the brink.”
Molefe also said: “I wish to reiterate that this act is not an admission of wrongdoing on my part. It is rather what I feel to be the correct thing to do in the interests of the company and corporate governance.”