â€¨Ottapathu cautions shareholders not to rely on them ahead of EGMâ€¨. Legal and forensic reports into Choppies Enterprises Limited, circulated to shareholders via Botswana’s X-News and the Johannesburg Stock Exchange News Service (SENS) are unfair and biased – and appear designed to embarrass him rather than informing shareholders, says suspended CEO, Mr Ramchandran (Ram) Ottapathu.
Mr Ottapathu was responding to a Choppies Enterprises Limited shareholders’ circular ahead of an extraordinary general meeting (EGM) of Choppies shareholders to be held on 4 September 2019. The circular published on X-News and SENS provided summaries of a Legal Report and Forensic Report relating to him.â€¨â€¨Mr Ottapathu’s version of what really unfolded at the company which he co-founded is contained in a right of reply to the summary responses to the EY Report and Desai Law Group (DLG) Report circulated to shareholders via X-News (Botswana) and SENS (JSE) announcements on 14 August 2019.
Earlier in the year, Mr Ottapathu made some suggestions to the non-executive directors as to changes to the board and structural changes to the company. Thereafter, on 22 May 2019, the non-executive directors, including former Botswana President Festus Mogae, suspended Mr Ottapathu. Mr Ottapathu engaged lawyers in South Africa and Botswana and retained an independent expert forensic accountant to advise him on his response. On this basis, he cautioned shareholders, ahead of the 4 September EGM, not to rely on the reports.
He notes that the so-called legal report’s analysis largely clears him and his conduct, but its conclusions drawn by Botswana law firm, Desai Law Group (DLG), condemn him. â€¨â€¨“Regrettably there was no attempt by DLG to present a fair and unbiased account in its legal report. Both the Legal Report and its summary (Annexure 1) present a skewed version of events on incorrect assumptions and are flawed.
“I caution shareholders not to accept the report at face value,” Mr Ottapathu said.â€¨ Turning to the so-called Forensic Report, he said its summary (Annexure 2 of the Board’s X-News and SENS announcement) was “a skewed and contrived version of a bland, poorly drafted and largely exculpatory forensic report”. He said inferences which appear to have been drawn in Annexure 2 of the report rely on the flawed Forensic Report which are premature and inconclusive. “The language and leaps of logic in Annexure 2 appear to have been designed to embarrass Mr Ottapathu instead of focusing on what the Forensic Report actually says.”
Like the Legal Report, the Forensic Report took “excessive liberties with its assumptions and its fundamental premises are flawed”. The report’s methodology was flawed and its “credibility is questionable at best”.â€¨ He adds: “Annexure 2 presents an inaccurate and incorrect summary of the report. In addition, the forensic report fails to verify any of the information it received and failed to resolve any conflicting versions of facts presented to it. Instead, it simply ignored certain facts. As a result, it cannot credibly resolve any issues relating to the finalisation of the 2018 annual financial statements.”â€¨
While there is no hard-and-fast rule in politics, former Molepolole North Member of Parliament, Mohamed Khan says populism acts in the body politic have forced him to quit active partisan politics. He brands this ancient ascription of politics as fake and says it lowers the moral compass of the society.
Khan who finally tasted political victory in the 2014 elections after numerous failed attempts, has decided to leave the ‘dirty game’, and on his way out he characteristically lashed at the current political leaders; including his own party president, Advocate Duma Boko. “I arrived at this decision because I have noticed that there are no genuine politics and politicians. The current leaders, Boko and President Dr Mokgweetsi Masisi are fake politicians who are just practicing populist politics to feed their egos,” he said.
Former Botswana Democratic Party (BDP) parliamentary hopeful, Lawrence Ookeditse has rejected the idea of taking up a crucial role in the Botswana Patriotic Front (BPF) Central Committee following his arrival in the party this week. According to sources close to development, BPF power brokers are coaxing Ookeditse to take up the secretary general position, left vacant by death of Roseline Panzirah-Matshome in November 2020.
Ookeditse’s arrival at BPF is projected to cause conflicts, as some believe they are being overlooked, in favour of a new arrival. The former ruling party strategist has however ruled out the possibility of serving in the party central committee as secretary general, and committed that he will turn down the overture if availed to him by party leadership.
Ookeditse, nevertheless, has indicated that if offered another opportunity to serve in a different capacity, he will gladly accept. “I still need to learn the party, how it functions and all its structures; I must be guided, but given any responsibility I will serve the party as long as it is not the SG position.”
“I joined the BPF with a clear conscious, to further advance my voice and the interests of the constituents of Nata/Gweta which I believe the BDP is no longer capable to execute.” Ookeditse speaks of abject poverty in his constituency and prevalent unemployment among the youth, issues he hopes his new home will prioritise.
He dismissed further allegations that he resigned from the BDP because he was not rewarded for his efforts towards the 2019 general elections. After losing in the BDP primaries in 2018, Ookeditse said, he was offered a job in government but declined to take the post due to his political ambitions. Ookeditse stated that he rejected the offer because, working for government clashed with his political journey.
He insists there are many activists who are more deserving than him; he could have chosen to take up the opportunity that was before him but his conscious for the entire populace’s wellbeing held him back. Ookeditse said there many people in the party who also contributed towards party success, asserting that he only left the BDP because he was concerned about the greater good of the majority not individualism purposes.
According to observers, Ookeditse has been enticed by the prospects of contesting Nata/Gweta constituency in the 2024 general election, following the party’s impressive performance in the last general elections. Nata/Gweta which is a traditional BDP stronghold saw its numbers shrinking to a margin of 1568. BDP represented by Polson Majaga garnered 4754, while BPF which had fielded Joe Linga received 3186 with UDC coming a distant with 1442 votes.
There are reports that Linga will pave way for Ookeditse to contest the constituency in 2024 and the latter is upbeat about the prospects of being elected to parliament. Despite Ookeditse dismissing reports that he is eying the secretary general position, insiders argue that the position will be availed to him nevertheless.
Alternative favourite for the position is Vuyo Notha who is the party Deputy Secretary General. Notha has since assumed duties of the secretariat office on the interim basis. BPF politburo is expected to meet on 25th of January 2020, where the vacancy will be filled.
Botswana Democratic Party (BDP) big wigs have decided to cancel a retreat with the party legislators this weekend owing to increasing numbers of Covid-19 cases. The meeting was billed for this weekend at a place that was to be confirmed, however a communique from the party this past Tuesday reversed the highly anticipated meeting.
“We received a communication this week that the meeting will not go as planned because of rapid spread of Covid-19,” one member of the party Central Committee confirmed to this publication. The gathering was to follow the first of its kind held late last year at party Treasurer Satar Dada’s place.