JOHANNESBURG (Reuters) – South African state power utility Eskom Chief Executive Brian Molefe said on Friday he would step down in January, a week after he was implicated in a report by the anti-graft watchdog on allegations of influence peddling.
The report by the constitutionally mandated watchdog – the Public Protector – raised questions over coal deals between the Eskom and a company controlled by the family of Indian-born businessmen who are friends with President Jacob Zuma.
“I would like to reiterate that this act is not an admission of wrongdoing on my part,” Molefe said in a statement. “It is rather what I feel to be the correct thing to do in the interests of the company and good corporate governance.”
Molefe has been with Eskom since mid-April last year when he was drafted in from state rail freight firm Transnet to try to stabilise the troubled utility, which at the time was battling to keep the lights on in Africa’s most industrialised economy.
He was confirmed as CEO in September.
The report stopped short of saying crimes had been committed, and called for an inquiry to investigate allegations of corruption in Zuma’s government.
Zuma denies granting undue influence to the brothers, who run a business empire from media to mining, or anyone else. The Guptas have denied seeking influence.
Separately, the president office said it was concerned about “unwarranted public attacks” on Zuma by former anti-corruption watchdog Thuli Madonsela – who conducted the investigation – a day after Madonsela defended the release of an audio recording of her meeting with the president during her investigation.
(Reporting by Tiisetso Motsoeneng; Editing by James Macharia)
THE ROTTEN FISH: CAN OF WORMS OPENED OF APC & TINUBU'S GOVERNMENT OVER NIGERIA'S ECONOMIC DOWNTURN
WATCH THE CRITICAL ANALYSIS AND KNOW THE RESPONSIBLE PARTIES TO BLAME FOR NIGERIA'S ECONOMIC CHALLENGES, WHILE CITIZENS ENDURE SEVERE HARDSHIPS.Watch this episode of ISSUES IN THE NEWS on 9News Nigeria featuring Peter Obi's Special Adviser, Dr Katch Ononuju, 9News Nigeria Publisher, Obinna Ejianya and Tinubu Support Group Leader, McHezekiah Eherechi
The economic crisis and hardship in Nigeria are parts of the discussion.
Watch, leave your comments, and share to create more awareness on this issue.
#9NewsNigeria #Nigeria #issuesInTheNews #politics #tinubu THE ROTTEN FISH: CAN OF WORMS OPENED ...
DON'T FORGET TO SUBSCRIBE AND LEAVE YOUR COMMENTS FOR SUBSEQUENT UPDATES
#9newsnigeria #economia #economy #nigeria #government @9newsng
www.9newsng.com