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Issued by: Jeremy Ord, Grant Bodley, Saki Missaikos, Steven Nathan and Doc Watson
We are former executives and founders of Dimension Data (collectively, “the Executives”) and issue this statement in response to false and defamatory allegations accusing us of BEE fronting and improper conduct.
These allegations form part of a sustained and sinister campaign launched by Nippon Telegraph and Telephone Corporation ("NTT"), the Japanese parent company that acquired Dimension Data in 2010 against us, to deflect attention from their responsibility for the poor performance of their African business, to conceal a BEE fronting scheme they conceived and implemented in order to exit South Africa and to excuse this conduct by promoting a malicious falsehood that this was attributable to our corporate malfeasance. Nothing...
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