Old Mutual denies reinstated CEO Moyo access to his office

sowetanlive.co.za

- sowetanlive.co.za | 2 months ago

Moyo was first suspended and later fired after the board, chaired by former finance minister Trevor Manuel, claimed that there was conflict of interest due to his involvement in a company he co-founded called NMT Capital.

The board said at the time that there were concerns around the declaration of Moyo’s dividends in the company.  Moyo then took them to court.

There was a breakdown of talks on Wednesday between Moyo and Old Mutual following disputes on the interpretation of the law.

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