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Scangroup stock dips 7 per cent as firm suspends top executives

WPP Scangroup CEO Bharat Thakrar. He has been suspended to allow for an investigation into allegations of gross misconduct.

WPP Scangroup's stock fell by 7.4 per cent after the advertising firm suspended two of its top executives, including chief executive Bharat Thakrar, the man who founded Scangroup.

Thakrar and chief finance officer Satyabrata Das were pushed out of the C-suite of the listed company for what the board described as allegations of “gross misconduct".

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