Eskom to fight Maroga’s R85m claim

This article was posted by on Jan 24th, 2010 and filed under South Africa. You can follow any responses to this entry using RSS 2.0. Both comments and pings are currently closed.

Jacob Maroga

Eskom will oppose the R85m lawsuit filed against it by ousted CEO Jacob Maroga, the parastatal said on Sunday. “We are aware of it and we will oppose it,” the company said.

According to the Sunday Times, Maroga filed a civil claim at the South Gauteng high court demanding “reasonable damages” or reinstatement as CEO. He is suing his former employer, its acting CEO and chairman Mpho Makwana, and the minister of public enterprises Barbara Hogan.

He accuses the board of conspiring to fire him illegally under the veil of a voluntary resignation.

Maroga’s court papers further detail the lifestyle enjoyed by the CEO of Eskom at taxpayers’ expense. This includes R14,5m for loss of salary, R45m for incentives and R7m for other benefits.

The papers show that, at just over R5m, Maroga’s annual salary was twice that of President Jacob Zuma and three times that of Hogan.

Details of Maroga’s spat with former chairman, Bobby Godsell, are also provided. Both Maroga and Godsell left the parastatal amid controversy in November last year.  — Sapa



  • Anonymous Coward

    Now that’s what I’d call a Greedy Fat Cat – no doubt he cannot afford his lavish lifestyle anymore, and is desperately looking for a fatcat “golden handshake” to supplement his current income, in order to keep up his lavish and extravagant lifestyle.

    Maroga, get a life and get lost. We don’t need greedy fatcat buggers like you in SA anymore, we cannot afford you. Emigrate overseas rather, I’m sure they will be delighted to have a fatcat there.

Advertisement

Recent Comments

  • Samuel Ochanji: I definitely agree, creating products purely for South Africa gives them a very narrow scope. South...
  • Antonie Henning: “We want low capital-intensive, high-growth businesses” Everyone wants low risk, high returns.
  • Anonymous: True but it does give 1Gbit/s links in the local switch network. You know to other businesses or branches...
  • SeekVest: I think the fundamental flaw here is that entrepreneurs aren’t seeing Africa as their startup market....
  • Marian Shinn: What would be more useful is a magic wand and a pot of gold at the end of the rainbow

Advertisement
Advertisement

TechCentral is proudly hosted by:




Log in / (c) 2009 - 2012 NewsCentral Media