The gloves are off in the battle between Old Mutual and its former CEO Peter Moyo, who has accused the insurer’s chair, former finance minister Trevor Manuel, of being heavily conflicted in overseeing the managed separation of the SA business from its UK operations.

Moyo was suspended on May 23, hours before the insurance group’s annual general meeting, on the grounds of "a material breakdown in the relationship of trust and confidence", and was dismissed on June 18...

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