Eskom has announced that its executive Matshela Koko has handed in his resignation from the power utility.
This comes after Eskom’s new board and CEO Phakamani Hadebe gave the embattled executive the ultimatum to either resign or be fired last month. Koko then opted to take the matter to the Labour Court, which resulted in an interim preventing his termination.
Koko said at the time that he still had a crucial role to play at Eskom and that demands for his dismissal were unfair.
According to Eskom, Koko’s attempts to block his dismissal was no longer valid as he had to face an internal hearing based on new charges.
On Friday, Eskom’s Khulu Phasiwe confirmed that they received an indication, a letter sent via email, from Mr Koko’s lawyers stating Koko’s wishes to resign.
Koko’s resignation letter was read out aloud on Friday ahead of his pending disciplinary hearing in Sandton.
Despite Koko’s resignation, Phasiwe said that they would insist that the disciplinary hearing scheduled to take place today should continue because they have a strong case on the charges against Koko.
The accusations against Koko include leaking confidential information to people linked to the Gupta family, misleading Parliament about payments that were made to consultancy company Trillian and not disclosing that a trip to Dubai was payed for by the Gupta family.
Koko’s resignation comes after weeks of fighting to save his job.