Botswana retailer Choppies wins round two against PwC in long court case
CEO Ramachandran Ottapathu is fighting to restore regional retailer’s reputation after messy fight with auditor
Penny stock Choppies has won a second round in the Botswana high court in a long case in which it is trying to make PwC liable for losses the directors faced when the share was suspended from two stock exchanges — after the auditor would not sign off on the accounts.
Choppies, a retailer in Botswana, Namibia, Zambia and Zimbabwe, was suspended from the JSE and Botswana stock exchanges for not publishing its 2018 financial statements within the required time frames. ..
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