Former ANC MP Vincent Smith seeks bail in 'Bosasa corruption case'

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Former ANC MP Vincent Smith appeared in a packed specialised commercial crimes court, sitting in the Palm Ridge magistrate's court, on Thursday facing charges of corruption

He said he would stand trial and was determined to prove his innocence. He added that he had no desire to evade justice and would not interfere with the case.During earlier testimony at the state capture inquiry commission, Smith dismissed claims that he received a loan of more than R600,000 from Bosasa.

He argued that he made an arrangement with the company’s former COO, Angelo Agrizzi, to pay his daughter's tuition fees. Smith has held senior positions, including chairing the standing committee on the auditor-general, and the correctional services committee.

Bosasa, a facilities management firm, is estimated to have raked in about R12bn in government tenders between 2003 and 2018, largely managing several prisons and the Lindela Repatriation Centre. Evidence heard at the state capture inquiry has detailed how Bosasa and its top executives granted questionable loans and gifted millions of rand to some ANC leaders, with the governing party also benefiting as an organisation.

Bosasa went into voluntary liquidation in February after several financial institutions opted to close the company's bank accounts as the banks sought to distance themselves from the corruption allegations.

 

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NO BAIL FOR THIS CORRUPT cANCer THIEF. HOW ABOUT ARRESTING MORE SENIOR cANCer THIEVES.

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