Nuclear energy company’s not-so-secret plan to beat the courts

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An ‘unlawful’ recording is doing the rounds as over R2 million is blown on legal fees. But with two court rulings against Necsa, why are board members hanging on?

It’s probably time for Mines and Energy Minister Gwede Mantashe to start paying more attention to what’s happening at the Nuclear Energy Company of SA .

Legal experts say this should have immediately resulted in the dissolution of the current Necsa board, since the court ruling means all decisions made by the Necsa board since December 2018 – when the previous board was suspended – are subject to review.Despite losing two recent court cases, Necsa appears to have a plan to beat the court rulings. We know this because Moneyweb is in possession of a secret recording of a September boardroom meeting in which various legal strategies are discussed.

The Nehawu turnaround plan illuminates multiple areas of apparent wastage, not counting the business opportunities going begging, such as training opportunities in Africa. Zambia, Kenya and numerous other countries are planning to build their own nuclear medical plants and Necsa should be the continental leader in this.

“This board has infringed upon my rights as an employee and they have unlawfully interfered in my contract of employment with Necsa.”Zolani Masoleng, Nehawu branch chair at Necsa, says the current “Jeff Radebe board” and its executives have no credible solutions to the crisis.“Things are drifting to a costly disaster under their watch.

 

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