Pretoria - Eskom CEO Brian Molefe has announced that he will voluntarily step down from his position with effect from 1 January 2017.
“I have, in the interest of good corporate governance, decided to leave my employ at Eskom from 1 January 2017.
“I do so voluntarily: indeed, I wish to pay tribute to the unfailing support I have had since I took the office from the chairman, the board and those with whom it has been my privilege to work with. Together we brought Eskom back from the brink,” Molefe said in a statement issued by Eskom on Friday.
His decision to step down follows the publication by former Public Protector Thuli Madonsela’s report into alleged state capture.
Molefe said his stepping down is not an act of admission or wrongdoing on his part.
“It is rather what I feel to be the correct thing to do in the interest of the company and good cooperate governance.”
He added that he had not had a chance to respond to Madonsela's findings into the investigations before they were published.
According to Molefe the “observations” made in the report relating to his conduct are in material respects inaccurate, based on part-facts or simply unfounded.
He said he maintains that Madonsela failed to put intended harmful disclosures to him first, as required by law.
“She has effectively deferred my constitutional right to be heard to a future date, and to a further body, which she has ordered others to assemble,” Molefe said, adding that when the time comes he will be able to show that he has done nothing wrong.
Molefe says he will take time off to reflect before deciding on his next career move. - SAnews.gov.za
