After being fired from his position as Old Mutual CEO for the second time, Peter Moyo wants both the company's board and Trevor Manuel taken to task. The riled businessman feels they have deliberately interfered with the functioning of the courts.
Peter Moyo has proceeded in his Old Mutual battle with an urgent application for both Old Mutual's board and its chair, Trevor Manuel, to be held accountable for deliberately interfering with the court's function.
Briefly.co.za reported that Moyo had been fired for the second time, shortly after it was ruled he may return to work.
Old Mutual claims the step to fire him a second time had been taken 'after legal advice and careful reflection', Fin24 reports.
BusinessLIVE reports Moyo is still challenging his first dismissal in court, with judgment expected by the end of this month.
Despite receiving public backlash and seeing a plunge in stock value, Old Mutual is adamant that they will not cave in:
"We will stand our ground if he does, naturally and at all times continuing to respect the law and our court system."
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