‘Shameless corruption’ – Bosasa’s way of doing business with the state

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‘Shameless corruption’ – Bosasa’s way of doing business with the state - Zondo’s third report finds company bribed its way to huge profits from state business worth hundreds of millions of rands

Zondo said the commission was “indebted” to Agrizzi, despite his own involvement in acts of corruption and the fact that “his motive for spilling the beans may have largely been personal because he had a fallout with … Watson”.

Zondo said that Bosasa’s beneficiaries “would not have been exposed” had it not been for Agrizzi’s testimony. Agrizzi worked as chief operations officer at Bosasa from 1999 to 2016. Zondo said Agrizzi had testified that Watson was the “godfather” of Bosasa and all its associated companies and that he had been responsible for decisions on who to pay — and how much to pay them.

Watson would handle “anything political and the others were not to get involved with it” as it was he who had relationships with ruling ANC brass, ranging from the Sisulu family to current Public Service Administration Minister Ayanda Dlodlo. The report found Bosasa laundered cash to pay bribes using a number of wholesalers and other suppliers, and also made use of cash collected from canteens at the Lindela repatriation centre and other facilities it managed. The cash was stored in a number of vaults at its head office.

 

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