Mpoko Family Under Fire As Choppies ‘Cash Looting’ Scandal Hits

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Mpoko Family Under Fire As Choppies ‘Cash Looting’ Scandal Hits

Former Vice President, Phelekezela Mphoko’s family is reportedly under fire for allegedly hijacking the Choppies retail business and “looting” cash from the outlets countrywide without board approval.

LATEST :TSVANGIRAI SUES MPHOKO FOR $2 MILLION

This comes after the former VP’s son, Siqokoqela Mphoko who is the director for Nanavac Investments Private Limited, a local partner for the Botswana-registered Choppies Distribution Center (Proprietary) Limited allegedly abused his power to “loot” cash from sales at different supermarkets replacing it with transfers.

Another family member identified as Nomagugu Mphoko is also being accused bulldozing various shops demanding cash.

A founding affidavit by Choppies chief executive Mr Ramachandran Ottapathu says the Mphoko family is on a looting spree.

“First respondent (Mr Mphoko) has, without board authority from third respondent (Nanavac Investments), agreement with any of the applicants and without seeking their consent, demanded and looted cash from different supermarkets. He has embezzled to date the sum of $45 258. He has also extended himself unauthorized lines of credit, which have seen him misappropriating the company’s stocks and fuel amounting to $6 687,06.

“He has also, without authorization, transferred $7 000 from the company for his personal use,” read the affidavit.

The Mphoko family is yet to respond to the urgent chamber application filed at the High Court this week.

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