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
10 April 2023 - 16:40
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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