Payments made to Maroga to be declared

Friday, January 29, 2010

Pretoria - The details of payments made by Eskom to former Chief Executive Officer (CEO) Jacob Maroga will be made available in the company's annual financial statements later this year.

"All payments made to Maroga will be declared in line with appropriate statutory requirements in the Company's Annual Financial Statements published later this year," said Eskom in a statement.

Maroga last week filed a R85 million lawsuit against the Department of Public Enterprises and Eskom. He is arguing that the Eskom board forced him to quit before his contract, which was due to end in 2012, could end.

He is requesting that Eskom pays him the amount or give him his job back.

However, both the power utility and Public Enterprises Minister Barbara Hogan have indicated that they will oppose the lawsuit.

Eskom said that all monies that were due and payable to him following the termination of his employment on 28 October 2009 were paid to him at the end of November 2009.

The power utility said it was respectful of the legal process underway at the CCMA and the Johannesburg High Court was therefore not in a position to engage in the details of the matter.