Eskom pays suspended executives to quietly retire



[ad_1]

He said Eskom paid three executives their full annual salaries to lead to an investigation the commission found to be conceptualized at Zuma’s KNZ residence.

A screenshot of former Eskom board chairman Ben Ngubane who appeared in the state capture investigation on September 11, 2020. Image: SABC / YouTube

JOHANNESBURG – Former Eskom board chairman Ben Ngubane said Tuesday that the power company paid suspended executives to retire because that’s what it does.

Ngubane concluded another appearance on the state capture commission.

He testified about media statements and board resolutions that were drafted by known Gupta associates who appear to have known that Zola Tsotsi would be fired before the board made the decision.

He was asked, “Why was the board giving you money to leave?”

Ngubane replied, “Eskom does that, Eskom does that (laughing).”

He said Eskom paid three executives their full annual salaries to make way for an investigation that the commission said was conceptualized at the residence of former president Jacob Zuma in Kwa-Zulu Natal.

Attorney Pule Seleka reached his conclusion as to why this was done.

“You kick them out, you pay them to stay home doing nothing, you get Dentons to start an investigation which is actually a sham and you pay them 20 million rand six weeks after starting work because by that time the board had complied. the mandate of whoever was directing it. ”

Ngubane said he wanted the country to recognize the good work his board did.

However, Supreme Court Vice President Raymond Zondo said a balanced view should be taken and the mistake highlighted to make sure it doesn’t happen again.

Download the EWN app on your iOS or Android device.



[ad_2]