Choppies shareholders sue PwC for R653m over audit report
CEO Ramachandran Ottapathu and founding member Ismail Farouk accuse firm of breach of independence
13 October 2020 - 20:11
The Botswana branch of PwC and a leading partner are being sued for more than R650m by two shareholders of retailer Choppies who blame the firm’s refusal to release its 2018 audit report for a collapse in the value of their shares.
Choppies CEO Ramachandran Ottapathu and founding member Ismail Farouk filed papers in that country’s high court asking for R653m...
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