The liquidators of disgraced former UK-based public relations firm, Bell Pottinger, are still owed £1.8 million (roughly R36 million at current exchange rates) by some of the group's partners, according to a new filing. Bell Pottinger went into administration in September 2017 after its clients deserted it and it was expelled from the UK's premier public relations industry body for work it did for the Gupta family. A week after it was expelled from the industry organisation three years ago, Bell Pottinger went into administration, with BDO appointed as its liquidators. In a progress report published earlier in the week and first reported by The Times, joint liquidators Matthew Tait and Malcolm Cohen said former Bell Pottinger partners still owe £1.8 million in "excess drawings". The liquidators noted that the UK insolvency service is, in a separate matter, seeking disqualification of three former Bell Pottinger members.
Source: News 24 November 26, 2020 12:39 UTC