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“Sorry Judge Mashile” says Old Mutual’s Trevor Manuel

PUBLISHED: Tue, 17 Sep 2019 16:45:18 GMT

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Statement from Trevor Manuel, Chairman of Old Mutual

Tuesday, 17 September 2019 Mr Trevor Manuel, Chairman of Old Mutual’s board of directors, apologises unreservedly for the following observation he made at the Old Mutual media conference on 13 September 2019, in the context of the pending litigation with the former CEO, Mr Peter Moyo:

“If you take a board imbued with the responsibility and accountability and you get that overturned by a single individual who happens to wear a robe, I think you have a bit of a difficulty.”

Mr Manuel commented: