Trevor Manuel apologises for his ‘unguarded observation’

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The Old Mutual chair had criticised judge Brian Mashile for a judgment that reinstated CEO Peter Moyo

The Old Mutual chair had criticised Judge Brian Mashile for a judgment that reinstated CEO Peter MoyoOld Mutual chair Trevor Manuel has apologised unreservedly for his criticism of a judgment that reinstated Peter Moyo as CEO at the insurance company.

In a statement released on Tuesday, the former finance minister apologised for the comment he made at a media conference past week that the Old Mutual board’s decision to fire Moyo could be “overturned by a single individual who happens to wear a robe”.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

 

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I refuse to believe that there's such a thing as an 'unguarded observation' (made in such a public manner) by the chairperson of a multi-billion dollar company. Mr Manuel, we are not fools. If you disagree, tell me why.

I reject the apology. He showed us the contempt with which he regards members of our judiciary. He has been caught out publicly uttering what he truly deeply believes and now he wants to make a u-turn because he doesn't have the courage of his convictions to stick to his guns.

Eh? He has an unguarded ego and mouth. Why is he not in a frail care centre?

Thats not an apology for what he said and believe. He is apologising that he said it out loud hahahahaha

Apology not accepted

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 /  🏆 12. in ZA

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Trevor Manuel apologises for his ‘unguarded observation’The Old Mutual chair had criticised judge Brian Mashile for a judgment that reinstated CEO Peter Moyo Signs of too much power, but, hey, this is derived power. Power derived from the ANC, which in turn derives it from the people. As the people, therefore, we can stop this arrogance if we change how we vote.
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Trevor Manuel apologises for criticising judge 'who happens to wear a robe''My unguarded observation, although withdrawn, has understandably caused discomfort, for which I apologise unreservedly to the honourable judge presiding and to my fellow South Africans.' At a next presser please tell him he's still a piece of sh!t and that his apology is not genuine. Ngiyabonga Mr Trevor Manuel should step down as Old Mutual Chairman to save the name of the company. Is there no someone to take this further. Manuel was wrong and at some point be questioned for his stupid observation RonaldLamola AdvDali_Mpofu AdvBMkhwebane
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