IDC and Moyo’s NMT Capital end fractious saga with settlement
The move brings to a close public and acrimonious disagreements over outstanding debt
15 April 2021 - 19:57
The Industrial Development Corporation (IDC) has reached a settlement with the investment holding outfit partly owned by former Old Mutual CEO Peter Moyo, ending public disagreements over allegations that NMT misled the state-owned company about its financial health.
"We are happy with the outcome," the IDC’s head of corporate affairs, Tshepo Ramodibe, said...
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