Has Eskom boss, Brian Molefe, been captured by the Guptas?

6 July 2016

The fact that Eskom boss, Brian Molefe, is touted as a future Finance Minister is a terrifying prospect for South Africa.

Yesterday, Brian Molefe, reportedly vociferously defended the Guptas claiming they have been subjected to a “kangaroo court” by certain banks.  

And, in May, he again reportedly defended the Guptas claiming they were “friendly and likable people”. 

However, Brian Molefe seems to conveniently forget the “inconvenient facts” including:  

- Atul Gupta and Ajay Gupta are being investigated by the Hawks, for alleged corruption in terms of the Prevention and Combating of Corrupt Activities Act (No. 12 of 2004), following the statement by Deputy-Minister of Finance, Mcebisi Jonas, on 16 March 2016; and

- that, although it has not been possible to confirm, indications are that they are also being investigated by the Financial Intelligence Centre and the South African Reserve Bank for allegedly illegally transferring assets, including large amounts of cash, out of South Africa.

This is not to mention the controversial Eskom coal contract with Tegeta Exploration and Resources, which is controlled by the Guptas.

It’s high time Brian Molefe focus on his real job, which is to keep the lights on, rather than his freelance job, which is now defender-in-chief of the Guptas.

Issued by David Maynier, DA Shadow Minister of Finance, 6 July 2016