Old Mutual to oppose ex-CEO Peter Moyo’s bid to be reinstated

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Old Mutual said it was a matter of concern that Peter Moyo and his legal team appeared to be following a deliberate strategy of attempting to divert attention from his own actions.

JOHANNESBURG – Old Mutual has confirmed that it intends to file papers opposing the application by former CEO Peter Moyo to be reinstated next week.

Old Mutual said it was a matter of concern that Moyo and his legal team appeared to be following a deliberate strategy of attempting to divert attention from his own actions. In a statement, Old Mutual said that it looked forward to delivering a full response to Moyo’s allegations in court on 16 July.

 

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