Old Mutual is pushing for former CEO Peter Moyo to stump up for the legal battle that is due to start this week.

The life insurer has exposure of nearly R400m to NMT Capital, a company founded by Moyo. But Moyo was sacked last month due to his alleged handling of conflicts related to NMT.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.