Moyo wants to see Old Mutual directors jailed

Axed Old Mutual CEO Peter Moyo says jail terms are the appropriate punishment for Old Mutual directors for the contempt of court he is accusing them of.

Responding to Old Mutual’s court papers filed last week when the insurer argued there was no basis for the court to find that its directors disobeyed its order, Moyo said anything less than a term in custody would be “disturbingly inappropriate” because Old Mutual has committed the worst type of court disobedience.

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Man allegedly raped 13-year-old girl while his wife watched | IOL NewsA 29-year-old man from Sherwood Park has been arrested for allegedly raping a 13-year-old relative while his wife watched. Put the wife behind bars too 😧 🥺💔 Ponkie007 Arrest the wife. 20 years for her. The end.
Source: IOL - 🏆 46. / 51 Read more »

How to beat load-shedding: maintain power plants like an old carEskom should improve the performance of its plants by putting extensive maintenance measures in place to avoid load-shedding in the short term. ....errrr....that horse has already bolted....left the stable..😏 Stratcom news pure kak in order to convince people that unbundling eskom is a good idea. Like I said yesterday this loadshedding is systematic and we not fools but you killing businesses with all this politics Are they putting too much pressure on you to sell it to them... Tell Moodys they can kiss our black ass cause they not getting our state owned asset to be on auction.
Source: TimesLIVE - 🏆 28. / 59 Read more »

14-year-old crashes stolen car into a Lamborghini Urus | IOL MotoringAn Australian teen caused an incredibly expensive accident while trying to get away from police.
Source: IOL - 🏆 46. / 51 Read more »

'Our old equipment was not built to be switched on and off' – City PowerCable theft, failure of ageing infrastructure and a restraint on human resources are some of the problems faced by City Power Johannesburg during rotational load-shedding. 🙆‍♀️🙆‍♀️🙆‍♀️🙆‍♀️ Surely not!!! Took a while to figure that one.
Source: TimesLIVE - 🏆 28. / 59 Read more »

'Our old equipment was not built to be switched on and off' – City PowerCable theft, failure of ageing infrastructure and a restraint on human resources are some of the problems faced by City Power Johannesburg during rotational load-shedding.
Source: SowetanLIVE - 🏆 13. / 63 Read more »

'Restaurants creep me out': 7-year-old girl relives rape ordeal in nightmaresBotha said the child told her that Ninow had threatened to kill her if she told anyone about what he had done to her.
Source: SowetanLIVE - 🏆 13. / 63 Read more »