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Moyo pleased second dismissal letter now part of evidence against Old Mutual

Peter Moyo was fired in June in a dispute related to a conflict of interest but he maintains that board chair Trevor Manuel wanted him out for personal reasons.

FILE: Peter Moyo in the Johannesburg High Court on 18 July 2019. Picture: Nthakoana Ngatane/EWN

JOHANNESBURG - Axed Old Mutual CEO Peter Moyo was pleased after the Johannesburg High Court allowed him to submit a second letter of dismissal from the company as part of his evidence.

Moyo was fired in June in a dispute related to a conflict of interest but he maintains that board chair Trevor Manuel wanted him out for personal reasons.

The court has also decided to hear the matter on an urgent basis within 30 days.

Judge Brian Mashile has ruled twice that Moyo should be reinstated but Old Mutual has so far refused to comply.

Old Mutual board chair Trevor Manuel later claimed that Moyo's second dismissal was different from the first and therefore stands.

Moyo was elated that the second letter now formed part of his contempt of court application.

"So that letter was actually challenged... that was contempt, which is actually more serious."

He also hopes that individual board members who have been cited are made to voice their positions about the matter.

Meanwhile, Moyo said he was surprised that the board had not taken more drastic action against Manuel for denigrating the courts.

Manuel had earlier called Judge Brian Mashile a single individual wearing a robe and later apologised for the remark.

The comment came after Moyo’s initial court papers depicted Manuel as a law unto himself.

Moyo also addressed the resignation of non-executive director Pinky Moholi, saying it could be a sign that individual members are beginning to take a stand on his firing.

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