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WPP Scangroup PLC has released an environmental, social and governance (“ESG”) report as per the Nairobi Securities Exchange (NSE) reporting guidelines.
Scangroup suspends its founder, CEO over gross misconduct
Friday February 19 2021
By VICTOR JUMA
Mr Thakrar, 69, was suspended alongside the chief finance officer Satyabrata Das, effective today.
“WPP-Scangroup Plc announces that the board of directors has suspended the employment of the Chief Executive Officer, Mr Bharat Thakrar and the Chief Finance Officer, Mr Satyabrata Das to allow for an investigation into allegations of gross misconduct and possible offences in their capacity as senior executives and employees of the company,” the Nairobi Securities Exchange-listed firm said in a statement.
“Further announcements concerning this matter will be made when appropriate. For the time being, therefore, shareholders and investors are advised to exercise caution when dealing in the company’s securities.”