Mogae fires parting shots as Ram prevails in fiery EGM :: Mmegi Online

Former president Festus Mogae quit the Choppies board late Wednesday evening, after an explosive nine-hour extraordinary general meeting (EGM) where warring directors crossed swords before anxious investors.

Suspended CEO, Ramachandran Ottapathu swept to victory in the EGM, being retained on the board by 52.05% of shareholders and securing approval of his handpicked nominees Tom Pritchard (77.75%) and Carol Jean Howard (51.2%). Ottapathu’s close ally and Choppies founder, Farouk Ismail was also retained in the board with 55% of votes in support.

Wilfred Mpai, Dorcas Kgosietsile, Ronald Tamale and Heinrich Standar, all members of the previous board, failed to secure reappointment, in a meeting marked by palpable tension between the board rivals. Standar remains Choppies chief financial officer but will not sit on the board.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

Explore

More

Mogae fires parting shots as Ram prevails in fiery EGM

Former president Festus Mogae quit the Choppies board late Wednesday evening, after an explosive nine-hour extraordinary general meeting (EGM) where warring directors crossed swords before anxious investors.

Botswana awarded right to host 2026 World Relays

Sunbet Botswana debuts with high subscriptions

The Forensic Audit Is Here

Thomas prophecy on winning Miss Botswana comes to pass

Sedibeng Marines stuns Gaborone audience

I will not quit - Ramoreboli

Football and controversy's greatest hits

National Stadium track costs P16, 1 million

Let’s put the fight against crime in action