Eskom director Mark Pamensky resigns
Mark Pamensky (pictured) has resigned from the Eskom board, according to Lynne Brown, Public Enterprises minister. His resignation follows that of CEO Brian Molefe last week, who will be stepping down on 1 January 2017.
Pamensky is one of the directors most closely linked to the Gupta family, being a director on the board at Oakbay Resources, and was subpoenaed by Thuli Madonsela, former public protector, for the State Capture report. The report's findings included that the Eskom board was "improperly appointed" and did not conform to ethical standards. Minister Brown has, however, said that she sees no reason for the Eskom board to step down until such time as a judicial commission into state capture has been undertaken.
Minister Brown said in a statement:
"After careful consideration, I have accepted Mr Pamensky's resignation. He made an invaluable contribution over the past year to Eskom. I want to thank Mr Pamensky for his contribution to Eskom and wish him well. With this resignation, the Eskom board would require additional nonexecutive directors to address vacancies on the board. I intend submitting my recommendations to Cabinet soon and strengthen the board to ensure that the trend we have seen from Eskom's mid-term results continues."