He could not “on a clear conscience” allow Eskom to “financially bankrupt” – Brian Molefe | End24
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Brian Molefe testifies at the Commission of Inquiry on January 15, 2021. Photo: Gallo Images / Papi Morake
- Former Eskom CEO Brian Molefe says he blocked Glencore’s deal with Eskom because it would financially ruin the energy company.
- When he was seconded from Transnet in 2015, one of the first things Molefe did was block the renegotiation of Glencore’s Optimum Coal coal mine contract with Eskom.
- Glencore has said that, at the price Optimum was supplying coal to Eskom, it was bleeding the company to death and accused Molefe and Mosebenzi Zwane of putting the coal mines out of business.