Two former executives of WANdisco, the data software group whose value has collapsed after the exposure of an apparent fraud, have snubbed the company's request to hand back nearly £650,000 in bonuses.
Neither man could be reached for comment on Wednesday, although a spokesman for the company said:"Whilst the former executives have so far robustly rejected our request for repayment, the board firmly believes this should be the right and fair outcome for shareholders and remains committed to pursuing it."
The bonuses have sparked anger among shareholders who have seen the value of their holdings plunge since the discovery of a sales and accounting scam in March.
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