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S.African court upholds Old Mutual appeal against reinstatement of ex-CEO

Credit: REUTERS/MIKE HUTCHINGS

A South African court upheld Old Mutual's appeal against temporary reinstating its sacked chief executive Peter Moyo with costs, on Tuesday.

JOHANNESBURG, Jan 14 (Reuters) - A South African court upheld Old Mutual's appeal against temporary reinstating its sacked chief executive Peter Moyo with costs, on Tuesday.

Old Mutual has been locked in a dispute with Moyo since it suspended him in May 2019 in relation to an alleged conflict of interest.

(Reporting by Emma Rumney Editing by Tim Cocks)

((tim.cocks@thomsonreuters.com;))

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