The Rome Prosecutor’s Office is investigating a case. Corruption between private individuals including two managers of Tim e NTT DATA Italy. This morning, the Financial Police searched the offices and homes of the managers of the two companies. Tim confirmed that agents had gone to the headquarters to inspect the office of one of his managers, announcing: “The company will cooperate with the investigators to recover any responsibility for the damage caused to the group. A new one can be formed.”
Reasons for the search
The ongoing alleged crime is corruption between private individuals. Suspects’ homes and some company offices were searched, where documents and evidence were recovered.
“Tim confirmed that during this morning Financial police A search warrant was issued at the office of one of its managers for suspected corruption between private individuals – the company confirms in a note – with investigators looking to reconstruct any liability for damages to the company group. And after the news Tim Stock fell on the piazza; it first opened with a decline of more than 2%, then accelerated downwards and surrendered. More than 3% About 0.24 euros
Ntt Data remains in the news: It’s the same company that hacker Carmelo Miano worked for before his arrest. Just a week ago, it was the turn of Sogi, a company owned by the Ministry of Economy, to be in the eyes of magistrates for taking bribes from general director Pavlovino Averio.
Two companies
Formerly known as Telecom Italia, Tim has established itself as one of the leading companies in the telecommunications sector in Italy. Its importance in the national panorama is reflected by the participation of the Ministry of Economy, which has a share of 9.8% of the company’s capital through the owner Cassa Depositi e Prestiti. Currently, the Group CEO is Petro Labriola.
Ntt Data is a multinational company based in Tokyo, recognized globally for its expertise in consultancy, cyber security and systems integration. NTT stands for Nippon Telegraph and Telephone, a group with a long history in the telecommunications sector. Present in Italy since 2011, in a very short time it has consolidated its position in the market, currently counting around 5 thousand employees. The leadership of the company has been handed over to Ludovico Diaz since April.
Hearing against Vivendi adjourned
Meanwhile, the day had opened with a postponement for Tim November 14 Held the second hearing of the civil case by Vivendi Against the telecommunications company regarding the decision to sell the fixed access network, compared to the previously indicated November 5. The sale of the former monopoly’s network to a KKR-led consortium was completed last July.
Vivendi, which holds a 24 percent stake in Tim, contested the board of directors’ decision to proceed with the sale without calling a shareholder meeting. On the same day, November 14, the group’s financial results for the third quarter of 2024 are also scheduled to be presented to the financial community.
