Moyo says the directors, including Board Chairman Trevor Manuel, were in contempt of court when they failed to honour a previous judgment for his reinstatement which was later overturned on appeal.
He says he doesn’t see how taking civil action against Old Mutual can further deteriorate his relationship with the company as he has already been dismissed. Moyo says the meeting that was held between himself and the Adhoc sub-committee appointed by the Board to get his version of events about his role in the“They appoint what I call a sham committee that has already made a decision, and they pretend that it is a hearing … by people that have already condemned me. They were the referee, they were the accusers, and they were the prosecutors in all its stages.
The former Old Mutual CEO says there was no conflict of interest on his part with regards to the dividend payment matter which resulted in his axing as CEO.
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