Scangroup market value falls Sh363m on CEO suspension

thakrar

WPP Scangroup CEO Bharat Thakrar. FILE PHOTO | NMG

WPP Scangroup’s #ticker:SCAN shareholders have lost Sh363 million in paper wealth since Friday’s announcement of the suspension of its founder and long-serving chief executive Bharat Thakrar.

The company board suspended Mr Thakrar and the chief finance officer 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.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.