Old Mutual will have to explain why its decision not to reinstate CEO Peter Moyo is not in contempt of court.
This was the ruling delivered on Monday morning at the Johannesburg High Court by Judge Cassim Moosa, who has allowed the second letter of termination that sacked Moyo to be considered as evidence in Moyo’s bid to be reinstated.
On July 30, Judge Brian Mashile ordered Old Mutual to reinstate him on a temporary basis, which they refused to do.
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