Molefe to Zondo: 'I hope my Ramaphosa testimony won't be swept under the carpet'

Former Eskom CEO Brian Molefe is back at the state capture commission to continue his testimony.

Former Eskom CEO Brian Molefe appears at the state capture inquiry on 15 January 2021. Picture: SABC/YouTube

JOHANNESBURG - Former Eskom CEO Brian Molefe said he hoped the allegations that he made about the capture of the power utility by President Cyril Ramaphosa and Glencore were not being swept under the carpet.

Molefe is back at the state capture commission to continue his testimony.

His earlier appearance was halted after it emerged that a member of the commission had tested positive for COVID-19.

Molefe started this morning's session with an opening statement - once again making the allegations.

“I hope that it’s not being swept under the carpet and being forgotten conveniently. Just to make sure chairperson, that it did register and that a certain amount of weight will be attached to what I said because Glencore and Optimum are at the centre of all these files,” said Molefe.

READ: Molefe: Glencore sold shares to Ramaphosa to gain political benefits

Deputy Chief Justice Raymond Zondo said Molefe shouldn't worry that his statement was forgotten.

“In terms of the rules of the commission, that person is given a copy of their statement so that they have a chance to respond. I didn’t expect you to think that it would be swept under the carpet,” Zondo.

ALSO READ: Ramaphosa not aware of Hawks investigation into his conduct

WATCH: Brian Molefe testifies

Molefe said he scrapped the decision to increase Optimum coal mine purchase prices because the amount Optimum wanted was both preposterous and illegal.

He said the person who signed the proposal to amend the agreement reported to Matshela Koko, but Koko didn’t know and that officials didn't have the authority to sign.

Molefe said Optimum wanted to increase prices even though the agreement was expected to continue until 2018 - and the mine didn’t go to arbitration to challenge his decision.

“I have a feeling that if I had signed an agreement or I had agreed to OCM’s request, we would be sitting in this commission or a similar commission where you would be asking me 'But Mr Molefe, if you had an agreement for one thing, what was it that drove you to agree to this ridiculous increase that has now collapsed Eskom'," said Molefe.

FIDUCIARY DUTY

Molefe said he refused to increase Optimum coal mine prices because it would have saved the mine and bankrupt the power utility.

He said Glencore said it wanted to increase prices because it could no longer afford to bail out the mine.

But Molefe said his fiduciary duty was to Eskom not Optimum.

“You bankrupt Eskom or Optimum and they were saying that we as the parent company of Optimum cannot afford to keep subsidising, implying that our parent company, which is the Republic of South Africa, could afford to continue subsidising Eskom, which I disagreed with."

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