'I was insulted.' Inside Peter Moyo legal bid to get R250m from Old Mutual | Fin24

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More than two years after former Old Mutual CEO, Peter Moyo asked the courts to declare the insurer's directors, delinquent, he finally got the whole week to argue why.

asked the courts to declare the insurer's directors delinquent, he finally got a whole week to argue why.

Moyo is also suing Old Mutual for R250 million in damages for what he believes was an illegal termination of his contract. When a full bench overturned the initial Johannesburg Hight Court ruling ordering his reinstatement in 2020, Moyo was left with only the option: to sue Old Mutual for reputational harm and to drag Old Mutual directors down with him.Subscribe to News24 for just R75 per month to read all our investigative and in-depth journalism. You can cancel any time.

 

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