Fidentia scandal: end of the road for trust’s case against Old Mutual?
The Constitutional Court dismisses an application for leave to appeal against the Supreme Court of Appeal’s ruling in favour of Old Mutual Unit Trust Managers.
The Constitutional Court dismisses an application for leave to appeal against the Supreme Court of Appeal’s ruling in favour of Old Mutual Unit Trust Managers.
Court finds that Pieter Bothma accepted bribes to facilitate unauthorised investments, laundering millions for Fidentia’s directors.
Old Mutual Unit Trust Managers off the hook for R1.7 billion claim arising from Fidentia scandal.
Outcome will have significant implications for the financial services industry.
Financial publication Citywire broke the news late on Friday afternoon that Old Mutual Unit Trust Managers (Omut) has applied to the South Gauteng High Court for leave to appeal the Living Hands judgment. […]
Old Mutual says it will file an application to appeal against the judgment by the South Gauteng High Court ordering Old Mutual Unit Trust Managers (Omut) to pay more than R1.7 billion in […]
Fifteen years on, the fall-out from the Fidentia scandal continues as Living Hands Umbrella Trust’s R850 million lawsuit against Old Mutual Unit Trust Managers (OMUT) got under way in a virtual sitting of […]