Lynne Brown rejects Brian Molefe’s R30m payout

Brown says she has considered the board’s reasoning, but says she can’t approve the proposed payout.

Brian Molefe looks on after tearing up following a discussion of former Public Protector Thuli Madonsela's 'State of Capture' report findings during a press conference in Johannesburg on 3 November 2016. Picture: Reinart Toerien/EWN.

JOHANNESBURG - Public Enterprises Minister Lynne Brown says she will not approve the R30 million payment to former Eskom CEO Brian Molefe.

Brown says she has considered the board’s reasoning, but says she can’t approve the proposed payout.

The minister says it also cannot be a performance reward, as Molefe was granted a bonus for his contribution to the turnaround of Eskom.

Eskom board spokesperson Khulani Qoma says the board welcomes the minister’s decision.

“There has been engagement between the minister and the board since the story broke. We also take note of the statement that has gone out. The board is now busy working on a request in line with the minister.”

Questions were raised following reports that Molefe was seeking the payment of R30 million after only being at the parastatal for 18 months.

Earlier this week, the Democratic Alliance called on Public Protector Busisiwe Mkhwebane to probe the payout proposal.

Molefe resigned from Eskom last year after details of his relationship with the Gupta family were revealed in the Public Protector’s State of Capture report.

(Edited by Shimoney Regter)