SIR MARTIN Sorrell has been called to appear in court in December as a witness as part of a legal dispute between former shareholders of a company which he acquired to rebuild his career. A former senior executive and investor in Mediamonks is considering taking out a lawsuit against the Dutch content company's previous managers, arguing he might be entitled to a chunk of the sale proceeds after it was sold to Sorrell's S4 Capital in July last year for £266m. There is no suggestion of wrongdoing by Sorrell. Sorrell took over S4 Capital after he was forced out as chief executive of his former company, global marketing giant WPP. Rogier Schalken, who held less than a one per cent shareholding in Mediamonks, "suspects" that Mediamonks bosses had started sale talks with possible buyers when he left the business and sold his stake back to the company in November 2017 for €17,200 (£15,750). Schalken sold his investment at a lower price than was paid by Sorrell. WPP was also in the running to buy Mediamonks. According to a ruling in the Netherlands, there is enough evidence for a provisional witness hearing to take place. Sorrell has been called to give evidence. The ruling was opposed by Mediamonks bosses. Sorrell said: "Any involvement of S4 Capital will only be as a witness in any action." (c) 2019 City A.M., source Newspaper
A Dutch court has called on Sir Martin Sorrell to appear before it as a witness in December. The High Court heard that the former chief executive of WPP had been questioned by police over allegations he paid bribes and kickbacks totalling £4.4m between 2007 and 2011. There is no suggestion that Sorrell has done anything wrong.