The executives deny the allegations, but nevertheless, they could constitute a significant setback for the organisation that was once a star player in the South African tech sector.
Dimension Data is taking legal action against six former executives over the sale of its prominent Johannesburg headquarters, the Campus, alleging a below-market price was set in exchange for kickbacks.
Didata was once a constituent on the London Stock Exchange’s FTSE 100 Index, but somewhat lost its way before being bought by Japanese tech group NTT in 2012 for R24-billion. Yet it remains a crucial player on the African tech scene, particularly in the network integration business.
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