Saatchi & Saatchi Worldwide Signals David Nugent, Saatchi VP of New Business, Whom Held Concurrent Role With Client Self-Dealing Remains as Executive Consultant

U.S. headquartered, global advertising agency Saatchi & Saatchi Worldwide and Philippine integrated office, Ace Saatchi & Saatchi, continues to raise eyebrows, by backing former Vice President and Director of New Business of Ace Saatchi & Saatchi, whom has worked extensively, while under contract at Ace Saatchi in India, for Saatchi & Saatchi Worldwide projects, and whom while at the agency was known for self-dealing as he served as Vice President, overseeing marketing, at Ace Saatchi client Metro Pacific and its subsidiaries and sister companies. It was revealed in 2008, that David Nugent, lied about attaining a college degree, failed to disclose tens of thousands of dollars of defaulted U.S. student loans and even lied about his age as VP & Corporate Governance Officer at Metro Pacific, a Philippine publicly-listed company, run by PLDT Chairman & First Pacific Company Limited CEO Manuel Pangilinan which Nugent directly reported to from 2001-2008. Saatchi & Saatchi failed due diligence, hiring Nugent as a fiduciary officer, and not disclosing that Nugent was under contract with one of their clients with potential additional business, while Nugent served in a New Business role at the agency. Ace Saatchi & Saatchi continues to maintain an e-mail account for David Nugent, according to the Saatchi & Saatchi global website.