Ex eskom ceo brian molefe still hasnt paid back r10 million
A very timely and relevant topic!
Yes, you are correct. Brian Molefe, the former CEO of Eskom, has been embroiled in a controversy surrounding a R10 million (approximately $670,000 USD) loan he received from the power utility company. The loan was meant to be repaid, but Molefe has yet to settle the debt.
In 2017, Molefe was forced to resign as CEO of Eskom after a public outcry over his handling of the company's financial affairs. At the time, it was revealed that he had received the R10 million loan from Eskom, which was meant to be repaid over a period of five years.
However, Molefe has yet to repay the loan, and the matter has been the subject of much controversy and debate. In 2020, the Public Protector, Busisiwe Mkhwebane, found that Molefe had acted improperly in receiving the loan and recommended that he repay the debt.
Despite the findings and recommendations, Molefe has yet to repay the loan, and the matter remains unresolved. The controversy has sparked widespread criticism and calls for accountability from Molefe and other former Eskom executives who have been implicated in financial irregularities.
It's worth noting that Molefe has denied any wrongdoing and has claimed that the loan was a legitimate business transaction. However, the controversy has damaged his reputation and has raised questions about the accountability of senior executives in South Africa's state-owned enterprises.