DAYS OF ZONDO: Angelo Agrizzi’s loan of over R600 000 to ANC MP Vincent Smith interrogated at state capture inquiry

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Much of Friday’s proceedings at the Zondo commission focused on a ‘loan’ of over R600,000 from former chief operating officer at Bosasa, Angelo Agrizzi, to former chairperson of the parliamentary portfolio committee on correctional services, Vincent Smith.

Agrizzi stated Bosasa had made payments totally more than R600 000 to Vincent Smith, who was a member of parliament, but Smith on Friday claimed it was a personal loan from Agrizzi for his daughter’s university fees.

In response, Smith said Watson, whom he had been friends with since 1990, had asked him for a meeting in Johannesburg, and as he returned from Parliament to Johannesburg on a regular basis, he agreed. Smith’s response was he had an existing relationship with Watson and logistically it made sense. Additionally, Smith said, he had been meeting Watson on “other matters”. These “other matters” were not interrogated by Notshe.

However, Smith could not point to any minutes in the committee meetings where he brought up the issue of the DCS continuing to give contracts to an allegedly corrupt company.But the harshest criticism came in regard to Smith’s loan of over R600,000, which he claimed was a personal loan from Agrizzi, to pay for his daughter’s fees to attend a university in Wales.

This was a verbal agreement, as by this time he had developed a relationship with Agrizzi as he had helped Agrizzi’s son find employment and Agrizzi had assisted in referring assistance for Smith’s son who had developed “behavioural problems”.However, a bank statement in evidence showed the payment for the R395,000 was listed as a “car accident resettlement”.

 

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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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