Brian Molefe File photo: Timothy Bernard

Johannesburg - Former Eskom CEO Brian Molefe says he has not be approached to take up a position at the Public Investment Corporation, after reports emerged that he was being eyed to replace the current CEO Dan Matjila. 

Last week Independent Media reported that there was a plan to oust Matjila at an impromptu board meeting that took place last week Friday. Matjila survived that meeting and was not removed. 

It was rumoured that the attempt to make changes at the PIC was driven by controversial Gupta family who were eyeing the investment arm's billions. 

At the centre of the attempts of Matjila’s removal, was the allegations that he issued millions of rands to help fund a business that belongs to his girlfriend.

The Treasury and the Deputy Minister of Finance Sifiso Buthelezi had denied that there was any attempt to remove Matjila but said the board meeting was meant to discuss internal matters. 

Read: Matjila survives after marathon board meeting

Independent Media also reported that sources had said that the Gupta's were lobbying Finance Minister Malusi Gigaba to appoint Molefe to replace Matjila. 

But Molefe has denied this and said he has not been approached to take up any position at the PIC. 

"I have noted media reports claiming that I am about to be appointed as Chief Executive Officer (CEO) of the Public Investment Corporation (PIC). For the record, I have not been approached to consider taking up any position at the PIC," said Molefe. 

Molefe has alluded to the fact there may be elements at play with rumours of his possible appointment at the PIC being linked to the fact that the ANC is headed for its elective conference at the end of the year. 

Political Bureau