Probe Molefe’s R30m ‘golden handshake’ – DA

The Democratic Alliance (DA) yesterday said it will ask Public Protector Busisiwe Mkhwebane to probe a R30-million pension payout to former Eskom chief executive Brian Molefe.

The Sunday Times reported that Molefe walked away with a R30.1-million “golden handshake”, even though he was at the power utility for only 18 months. He resigned from Eskom in November under a cloud after being named in former public protector Thuli Madonsela’s State of Capture report.

The DA’s spokesperson on finance, Natasha Mazzone, said Molefe’s payout clearly pointed to a case of gross abuse of public funds.

Mazzone said it was outrageous that Molefe would be awarded such an “exuberant bonus” after only 18 months at the helm of the power utility, especially after he resigned out of his own accord.

“The public protector must, therefore, investigate this highly irregular payout, in order to establish on what basis Molefe deserves to receive this amount of money,” Mazzone said.

“It is unacceptable that taxpayers’ money [is] repeatedly used to benefit underperforming executives who do not deserve it, while vital infrastructure projects are left to gather dust.”

Molefe told the Sunday Times that he had been paid “what was due” to him, but refused to give a figure. Mazzone said this was clearly not just a pension payout as Molefe claimed, but a “golden handshake”.

He added that the DA strongly urged him to immediately pay back the R30 million bonus.

“The DA will not stand for the irregular use of taxpayers’ money – there are vital projects which need this money and which would benefit all South Africans,” Mazzone said. – ANA