Trevor Manuel’s outburst over Old Mutual CEO judgment is just arrogant | IOL Business Report

  • 📰 IOL
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

What was meant to be an opportunity for Old Mutual chairperson Trevor Manuel to set the record straight on the ongoing saga between the company and axed chief executive Peter Moyo backfired monumentally. busrep

JOHANNESBURG – What was meant to be an opportunity for Old Mutual chairperson Trevor Manuel to set the record straight on the ongoing saga between the company and axed chief executive Peter Moyo backfired monumentally over his ridiculous comments on what he called an individual who happens to wear a robe. The said individual is South Gauteng High Court Judge Brian Mashile, a respected jurist in South Africa, whose only sin appeared to be his order that the insurer should reinstate Moyo.

Manuel felt Old Mutual was unfortunately hamstrung by the court decision to reinstate Moyo and that it was careful to comply with the judgment to the extent possible.He was incensed by the court’s interfering with how businesses should be run. Mogoeng said even if members of the public are wrong in believing that judges are wrong, they should be free to voice their dissatisfaction.“There is an added responsibility that rests on the shoulders of those who wield some influence, of those who occupy leadership positions.

It is in the interest of justice that the learned judges go through everything to ensure that their judgments are sound.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

busrep Trevor Manuel is a racist,let's call it for what it is.

busrep People must learn to account and accept when they acted recklessly. We are in a new era in South Africa 🇿🇦 and it’s called Respect for Democratic Revolution

busrep Catastrophically

busrep What a massive chop! Time to resign

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 46. in BUSİNESS

Business Business Latest News, Business Business Headlines