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Zondo Payment: Money is king in Bosasa’s industrial-scale corruption

By Michael Appel

Sustaining a legal project requires plenty of cash to pay bribes. The Zondo Payment file particulars how controversial products and companies administration community Bosasa nearly grew to turn into getting their fingers on cash staunch into a fat-time gig, paying an estimated R76m to South Africa’s monstrous over 16 years.

The third tranche of findings to advance motivate out of the State Seize Inquiry is divided into four volumes and deals exclusively with plenty of capabilities of Bosasa’s alleged criminality. In total, the third volume is shut to a thousand pages, making it impossible to condense into one explainer piece.

[WATCH THE EXPLAINER]

Between 2000 and 2016, Bosasa would rake in over R2.3bn in tenders. In maintaining with Bosasa’s old Chief Operations Officer, Angelo Agrizzi, the company paid out millions in bribes to authorities officers, ANC heavyweights, and functionaries within say-owned entities.

In portion one of this explainer sequence on Bosasa, the overwhelming majority of evidence you’ll hear comes from Agrizzi. He spent beyond regular time on the stand at the inquiry than every other survey – a total of 13 days. Inquiry Chairperson Raymond Zondo finally chanced on that Agrizzi’s evidence is corroborated in plenty of respects by the testimony of different witnesses, documentation, and video proof.

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