Moyo Wants Pound of Flesh From Old Mutual Directors
Peter Moyo, the on again, off again CEO of insurance giant Old Mutual, has brought Part B to his court case against his employer for their firing him, asking that the board chairman and directors be declared delinquent. Added to that, since the high court ruling that he be reinstated following his suspension and then his dismissal (twice) he is wanting the court to rule the members in contempt for not allowing him to return to work, which could be punishable with a fine or prison time - a move that Old Mutual's legal representative Craig Mcleod has said is "excessive and inappropriate".
Peter Moyo, the on again, off again CEO of South African insurance giant Old Mutual, is suing his employer for over U.S.$16 million, or reinstatement, after he was first suspended ... Read more »
Peter Moyo the former CEO of African insurance giant Old Mutual, a South African firm, was first suspended then fired by the board for a breakdown in trust. Moyo turned to the ... Read more »
Old Mutual's former CEO Peter Moyo will not go quietly as he fights for reinstatement in the South Gauteng High Court. In papers, he is asking the court to declare board chairman ... Read more »
Financial services giant Old Mutual has been dealt a blow by a high court ruling that temporarily reinstates Peter Moyo to his position as CEO, after his suspension and subsequent ... Read more »
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