"I played no role in the awarding of tenders whether legal or illegal. I do not believe that a member of Parliament would be able to meddle in the adjudication of tenders," Smith stressed as he concluded his evidence at Zondo commission on Friday.
Agrizzi had previously testified that Bosasa had paid for tuition fees for Smith's daughter in 2015 and 2016. He alleged that this payment was part of a corrupt relationship Smith had with Bosasa's former CEO Gavin Watson. Smith explained that he had approached Agrizzi for a personal loan in 2015 to help pay for his daughter's university fees. He denied Agrizzi's version that this was a kickback payment initiated by Watson.
Advocate Viwe Notshe, the evidence leader, put it to Smith, that records show that the money paid to him was actually from Bosasa. An email thread from Agrizzi to Bosasa representatives showed that he had asked that the money be paid from a Bosasa trust account to a"consultant who can not be paid in cash".Smith said he was unaware that the payment had been referenced as such and he only became aware of this later when he checked his records.
Smith:"I cannot speculate why he says that, sir. I had nothing to conceal and that is why it was raised as a loan in my company's books".
Source: Loan News Today (loannewstoday.net)
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: ewnupdates - 🏆 30. / 53 Read more »
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.
Source: IOL - 🏆 46. / 51 Read more »
WATCH LIVE | State capture inquiry hears evidence from former ANC MP Vincent SmithThe state capture inquiry will continue hearing Bosasa-related evidence from former ANC MP Vincent Smith
Source: SundayTimesZA - 🏆 47. / 51 Read more »
WATCH LIVE | State capture inquiry hears evidence from former ANC MP Vincent SmithThe state capture inquiry will continue hearing Bosasa-related evidence from former ANC MP Vincent Smith
Source: TimesLIVE - 🏆 28. / 59 Read more »
WATCH LIVE | State capture inquiry hears evidence from former ANC MP Vincent SmithThe state capture inquiry will continue hearing Bosasa-related evidence from senior ANC MP Vincent Smith
Source: SundayTimesZA - 🏆 47. / 51 Read more »
Source: eNCA - 🏆 49. / 51 Read more »