The fiancée of former Bell Pottinger Chief Executive James Henderson has hired a lawyer to try and retrieve money she invested in the public relations firm before its collapse this week.
Bell Pottinger's British arm went into administration after the global PR agency's clients deserted it over a racially-charged political campaign it ran in South Africa.
The scandal led to the resignation of Mr Henderson, who is also the company’s biggest shareholder, while its second-biggest investor wrote off its stake.
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Mr Henderson’s partner Heather Kerzner, has hired top lawyer Dan Morrison to look into any claims she might have.
When approached by The Times, Mr Morrison said: “My client invested a substantial amount into Bell Pottinger at the end of April 2017, only a short period prior to the collapse of the company. We have been engaged to advise in relation to the legal claims that arise as a result.”
The publication reports that Ms Kerzner, who was formerly married to South African hotel magnate Sol Kerzner, invested millions to buy 15 per cent of Bell Pottinger, an investment which is now worthless.
The 48-year-old is believed to have postponed her nuptials with Mr Henderson, which were due to take place in November this year.
Bell Pottinger, the famous firm that worked behind the scenes on some of the most defining moments in recent history, from the election of Margaret Thatcher to the death of Russian spy Alexander Litvinenko, began to unravel in July this year after an email published in South African media showed it had sought to stress the continued "existence of economic apartheid".
With the inflammatory slogan "white monopoly capital" running on a Gupta-owned television channel, the country's main opposition party, the Democratic Alliance, complained that Bell Pottinger was seeking to "divide and conquer" the public.
Who are the Soroptimists?
The first Soroptimists club was founded in Oakland, California in 1921. The name comes from the Latin word soror which means sister, combined with optima, meaning the best.
The organisation said its name is best interpreted as ‘the best for women’.
Since then the group has grown exponentially around the world and is officially affiliated with the United Nations. The organisation also counts Queen Mathilde of Belgium among its ranks.
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The alternatives
• Founded in 2014, Telr is a payment aggregator and gateway with an office in Silicon Oasis. It’s e-commerce entry plan costs Dh349 monthly (plus VAT). QR codes direct customers to an online payment page and merchants can generate payments through messaging apps.
• Business Bay’s Pallapay claims 40,000-plus active merchants who can invoice customers and receive payment by card. Fees range from 1.99 per cent plus Dh1 per transaction depending on payment method and location, such as online or via UAE mobile.
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• 2checkout’s “all-in-one payment gateway and merchant account” accepts payments in 200-plus markets for 2.4-3.9 per cent, plus a Dh1.2-Dh1.8 currency conversion charge. The US provider processes online shop and mobile transactions and has 17,000-plus active digital commerce users.
• PayPal is probably the best-known online goods payment method - usually used for eBay purchases - but can be used to receive funds, providing everyone’s signed up. Costs from 2.9 per cent plus Dh1.2 per transaction.