South Africa was recently treated to a rare event - Brian Molefe's voluntary resignation as Eskom's CEO following allegations of wrongdoing in the State of Capture report.
Voluntary resignation by officials of state or state-owned enterprises is as rare as hens' teeth. Molefe's explanation for walking away in the interest of good governance is feeble at best. Ironically the report alleges Eskom's violation of corporate governance under Molefe's watch, in addition to damning allegations on his relationship with the Gupta family. Simply put, Molefe is running scared.
According to Molefe he plans to take a break, and spend time considering what comes next. The fact that the DA will file criminal charges against Molefe may leave him with little or no choice of what comes next for him.
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