Business Report, Companies

Business Report, Companies

Old Mutual heading to court after barring Moyo from returning to work | IOL Business Report

Old Mutual heading to court after barring Moyo from returning to work @busrep

10.9.2019

Old Mutual heading to court after barring Moyo from returning to work busrep

The 174-year-old insurer prevented Moyo from going to work, despite Friday’s order that rejected its efforts to keep him out of his job.

Moyo’s triumphant return to the company's Sandton office yesterday was short-lived after Old Mutual’s legal team informed him that the further notice of termination it gave to him last month stood and Old Mutual’s contractual rights remained intact.

On Friday, Judge Brian Mashile dismissed Old Mutual’s application for a declaratory order seeking to prevent Moyo from returning to work.

Eric Mabuza, lawyer for Moyo, 56, said it was disappointing that the insurer had failed to abide by the rule of law.

“Moyo came to work, because we would not allow Old Mutual to break the law. Their lawyers told us we are not allowed, and we asked them for legal resolution, and they failed to produce legal resolution,” said Moyo.

Read more: IOL News

Old Mutual bars fired CEO Moyo from returning to work despite court ruling | IOL Business ReportOld Mutual again barred its fired CEO Peter Moyo from returning to work despite a high court ruling last week which rejected its bid to keep him out.

Showdown looms at Old Mutual despite court ruling on Peter MoyoCourt says for second time axed CEO must be reinstated but insurer insists he is not welcome at its offices

Old Mutual accused of preventing Moyo from his dutiesLast week the South Gauteng High Court dismissed Old Mutual’s application to stop Moyo from returning to work until its appeal process is concluded.

It's déjà vu as Old Mutual bars Moyo from office againOn his arrival at the Old Mutual offices this morning, Moyo was hauled to a boardroom where he was told that he would not be granted access to his office. | kgmadisa

Moyo expected Old Mutual to 'respect the rule of law'Embattled Old Mutual CEO Peter Moyo says he expected the insurer to respect the court's decision and allow him to return to work.

Old Mutual bars CEO Peter Moyo from the office ... againOn his arrival at the Old Mutual offices on Monday morning, Moyo was hauled to a boardroom where he was told he would not be granted access to his office.

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