Inside the complex web that ran KFC

Following an urgent petition by First National Bank of Botswana (FNBB) over a P41 million debt, KFC Botswana was placed under provisional liquidation on June 2, 2016 with the provisional liquidator, Nigel Dixon-Warren later determining the franchise’s total creditors at P106 million.

 Lead petitioner, FNBB was this week successful in its bid to have all the four companies liquidated including one that the bank claimed was used as a conduit to divert funds from the franchise.