Bid to block KFC�s liquidation fails

Despite VPB, through its proprietor Anthony Siwawa, putting up a fight to save the business from final liquidation, Leburu pronounced it just and equitable for the operation to be wound up considering that its franchise agreement has been terminated while it has also failed to service a P41 million FNBB loan among other creditors.

FNBB, through CEO Steven Bogatsu had petitioned for the final liquidation of VPB Propco and three other related companies, which Siwawa was contesting.