Choppies boardroom war goes to High Court

Choppies boardroom war goes to High Court On Jul 11, 2018 1,060 4 By Daniel Nemukuyu The Mphoko family has come under fire for allegedly hijacking the Choppies retail business and “looting” cash from the outlets countrywide without board approval. Mr Siqokoqela Mphoko, son to the country’s former vice president Phelekezela Mphoko, is a director for Nanavac Investments Private Limited, a local partner for the Botswana-registered Choppies Distribution Centre (Proprietary) Limited. A shareholder in the retail business, Mr Mphoko is accused of abusing his power to “loot” cash realised from sales at different supermarkets and replacing it with transfers. Another family member identified as Ms Nomagugu Mphoko is also accused of bulldozing various shops demanding cash. The two, according to the foreign investors, are using threats of deportation on Choppies employees. The boardroom war has spilled into the High Court with Choppies seeking to bar the Mphoko family from interfering with the operations of the retail business. Choppies wants the family to be barred from taking money from the business and harassing workers. Mr Mphoko and Ms Mphoko have been listed as respondents in an urgent interdict filed at the High Court this week. Choppies accuses Mr Mphoko of being…