Scangroup’s probe clears ex-CEO Bharat Thakrar

thakrar

Former WPP Scangroup CEO Bharat Thakrar. FILE PHOTO | NMG

WPP Scangroup #ticker:SCAN has closed an investigation against its former chief executive, Bharat Thakrar, without finding incriminating evidence, raising questions about the reliability of the information it used to push out the company’s founder.

The marketing services firm has published its financial statements for the year ended December — which has delayed by four months — revealing that its assets and profitability were not affected by fraud.

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