WPP Faces Governance Questions After Sony Audit Alleges China Markups
Internal audit details referenced from Sony allege undisclosed markups, shell brokers used as financial warehouses, and missing rebates tied to principal media buying in China. GroupM is described as passing off proprietary media deals to shift those funds into corporate profit while pitching artificial 80% discounts to clients. The account highlights governance failures around visibility of media flow and proof-of-performance data.