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Brown defends shock Molefe reinstatement, as Koko takes leave amid forensic probe

Public Enterprises Minister Lynne Brown has defended her decision to accept the Eskom board’s much-criticised recommendation that Brian Molefe be reinstated as CEO and see out his five-year contract to 2020 on the basis that it offered “better value” than the alternative of paying him a R30-million pension. The Eskom board made the shock recommendation in response to Brown’s April 23 refusal to accept the proposed pension pay-out – its remedy being that the 50-year-old repay any pension money received and be reinstated as CEO for the remainder of his contract, the terms of which would be revised to ensure a market-related pension plan.