Peter Moyo’s bid to be reinstated as CEO of Old Mutual has no “realistic prospect” of success, suggests a full bench of the Johannesburg high court.
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And Peter Moyo proceeding with appeal to that judgement. 🙂
Even if it is said he must fight vehemently for his rights, but this is not one of those. In case he wins, how is he going to work with people who don't want him? Fighting for his integrity? Nope here it is being eroded every time he seeks to fight on.
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Court upholds Old Mutual appeal against Peter Moyo's reinstatementThe High Court ruled on Tuesday that Old Mutual does not have to reinstate its sacked chief executive Peter Moyo, a shift in legal fortunes for the country's No.2 insurer that pushed its shares up almost 4%. Good!
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