Smith appeared before the state capture inquiry on Friday where he confirmed receiving a loan, paid into his account between 2015 and 2016.
Evidence leader Viwe Notshe SC questioned why this had been the case, while Zondo asked if the agreement had been contained in writing, showing an interest rate. “I am not sure where he got the money from or who gave it to him but as far as I am concerned, I made an agreement with Mr Agrizzi and there is an e-mail correspondence to that effect ...".Agrizzi earlier implicated him and various other politicians. He argued that pricey security upgrades were made at their homes while they also received monthly payments from Bosasa.Another witness, electrician Charl Le Roux, also described the security upgrades he installed at Smith’s home in Roodepoort.
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Vincent Smith defends R600 000 loan from Angelo Agrizzi, denies any links to BosasaStateCaptureInquiry : ANC MP Vincent Smith insists a R600 000 payment for his daughter's university fees was a legitimate loan from former Bosasa chief operations officer AngeloAgrizzi and not a bribe meant to influence his parliamentary work.
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