Judgment reserved in Old Mutual case, but Moyo's lawyers say it's 'unwinnable'


- fin24.com | 4 months ago

The Johannesburg High Court has reserved judgement on the Old Mutual appeal case for 2020.

However, lawyers of axed CEO Peter Moyo say it’s already a forgone conclusion that it is an "unwinnable" battle. Representing Moyo, Advocate Dali Mpofu said Old Mutual failed to convince the appeal court why it should interfere with Judge Brian Mashile’s July ruling that the insurer must reinstate Moyo.

Old Mutual is appealing that July order in front of a full bench of three judges.

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