Former ANC MP Vincent Smith shot down claims that he received a R615,000 loan from Bosasa and instead argued he made an arrangement with the company’s former COO, Angelo Agrizzi, to pay his daughter's tuition fees.
“My loan agreement was with Angelo Agrizzi ... in 2015. A few months before that, Angelo had come to me to ask for assistance to help him with an unemployed son.“I in turn also went to him with my own son [who had] behavioural problems and he referred me to a service provider who could help him. The point I am raising chair, is there was some sort of cordial agreement with Angelo.
The commission questioned if he was aware of Agrizzi's financial standing, to which he responded “no”. While Smith said he had no relationship with Bosasa, he acknowledged there had been a long-standing relationship between him and the late CEO of the company, Gavin Watson.
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'I had an agreement with Agrizzi not Bosasa' - former MP Vincent Smith claps back on R615k ‘loan’Former MP Vincent Smith shot down claims that he received a R615,000 loan from Bosasa, arguing instead that he made an arrangement with the company’s former COO, Angelo Agrizzi, to pay his daughter's tuition fees.
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