Old Mutual and former CEO Peter Moyo to hear their fate on Tuesday
Old Mutual fired Moyo on June 18‚ citing a breakdown in trust between him and the board‚ as a result of a conflict of interest linked to NMT‚ a company co-founded by Moyo and in which Old Mutual has shares in NMT.
Peter Moyo will hear his fate in relation to his temporary reinstatement as CEO of Old Mutual on Tuesday, following the postponement of the judgement that was due to be handed down in the Johannesburg high court on Friday.
Judge Brian Mashile will give his decision on the matter involving Moyo and his erstwhile employer, Old Mutual, following the breakdown in their relationship, which led to Moyo’s dismissal in June...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.