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Bell Pottinger clients moving to other companies as firm crashes

Eyewitness News logo Eyewitness News 2017-09-13 Alex Eliseev
© @BellPottinger/Twitter

LONDON - Bell Pottinger’s remaining clients are being transferred to other companies following the controversial PR firm’s collapse into administration.

A statement released by the newly-appointed administrators describes a rapid financial crash of an organisation founded 30 years ago.

After leading what's been described as a "race hate" campaign in South Africa, Bell Pottinger began to lose clients and was eventually expelled from the UK’s industry body.

Also read: Bell Pottinger's British arm collapses

Accountancy firm BDO says that Bell Pottinger suffered major financial losses in the wake of the scandal and has been unable to win new business.

As a result, its British arm is now under administration while its Middle East and Asian subsidiaries are cutting ties and going at it on their own.

The future of Bell Pottinger's employees is not clear, but BDO has confirmed that some have already been made redundant.

The administrators are hoping for an orderly offload of the remaining clients while several major ones, including HSBC, have already jumped ship.

The PR firm was found to have acted unethically while working with the Gupta family.

(Edited by Shimoney Regter)

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