Ram shrugs Mphoko's legal threat off

Friday, October 30, 2020

The Choppies Enterprises chief executive officer (CEO) Ramachandran Ottapathu says they will defend against a lawsuit filed by former Zimbabwean vice president, Phelekezela Mphoko and his son Siqokoqela, who are demanding about $22,585,714 for their shares in the company.

Before they disposed of their shareholding in January 2019, the father and son outfit held shares in the supermarket.

In their papers filed at Bulawayo High Court this week against Nanavac Investments, the plaintiffs, Choppies Enterprises and Choppies Distribution Centre, seek an order declaring an unlawful deed of settlement in terms of which the plaintiffs were divested of their entire shareholding in the Nanavac Investments and Choppies Enterprises.

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