State reduces claim against Agrizzi from R1.8bn to R53m

State reduces claim against Agrizzi from R1.8bn to R53m

State reduces claim against Agrizzi from R1.8bn to R53m

Though it could identify ‘only’ R7m in alleged personal benefits from the corruption the Bosasa whistleblower exposed, alongside R26.7m in assets.

Bosasa whistleblower Angelo Agrizzi believes he is paying a heavy price for his role in reporting the corrupt Bosasa prison tenders and their political enablers to law enforcement authorities.

More than a decade after blowing the whistle on his former employer, Bosasa, and nine months after accepting a plea and sentence agreement for his role in corrupt activities and money laundering, Agrizzi found himself last week defending a R1.8 billion confiscation claim against him by the National Director of Public Prosecutions (NDPP).

Read the full article on Moneyweb

About Ciaran Ryan 1511 Articles
The Writer's Room is a curated by Ciaran Ryan, who has written on South African affairs for Sunday Times, Mail & Guardian, Financial Mail, Finweek, Noseweek, The Daily Telegraph, Forbes, USA Today, Acts Online and Lewrockwell.com, among others. In between he manages a gold mining operation in Ghana, and previously worked in Congo. Most of his time is spent in the lovely city of Joburg.