Ram hits back at Choppies

Ram. PIC. KENNEDY RAMOKONE
Ram. PIC. KENNEDY RAMOKONE

Suspended Choppies CEO, Ramachandran Ottapathu says the regional grocer has failed to prove a case against him and in fact, all the decisions in question were done with legal advice approved by the board.

Choppies goes to a decisive Extraordinary General Meeting next week, where essentially shareholders will have to choose between Ottapathu’s proposed directors and the current non-executives who suspended the CEO. 

The pan-African supermarket chain was suspended from trading on the Botswana and Johannesburg stock exchanges last November after failing to publish its 2018 financial results. Legal and forensic probes commissioned by the board have since pointed the finger at numerous governance lapses at the group and laid the blame largely on Ottapathu, popularly known as Ram. 

Editor's Comment
Shame on BotswanaPost, like-minded employers

Just recently, the Manual Workers Union successfully interdicted BotswanaPost from implementing new terms and conditions of employment for its members without the union’s knowledge.The union then took the BotswanaPost to court seeking to stop the postal parastatal from implementing terms and conditions of the workers who fall under their membership without being involved on their behalf.In his ruling, Justice Isaac Bahuma of the Gaborone...

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