DiData execs hit back at account of Campus deal

Former Dimension Data executives are disputing the admission of wrongdoing made by the company's former CEO, Jason Goodall, regarding the sale of The Campus, the firm's Johannesburg headquarters. Goodall, in a recent statement, admitted to participating on both sides of the 2019 transaction that saw the company sold to a management-linked investment structure, with NTT financing 95% of the purchase price.

In response, the former executives claim that Goodall was not authorized to make such admissions and that his statement is inconsistent with the evidence he provided under oath. They maintain that the structure used for their indirect investment was approved by NTT and not intended to conceal their participation. Goodall, however, maintains that the structure was designed to hide their involvement and that he was aware of former CEO Grant Bodley's approval to participate.

The matter is currently before the Supreme Court of Appeal, and the executives assert that Goodall's statement should not be used to determine their liability while the appeal is ongoing.