Highlights of Bosasa corruption, money laundering and fraud scandal.

Seven people including Former Bosasa Chief Operating Officer (COO) Angelo Agrizzi and former correctional services commissioner Linda Mti were arrested yesterday (6 January, 2019), for corruption, money laundering and fraud. This is according to a media statement from South Africa’s Directorate of Priority Crimes Investigation (DPCI) also known as The Hawks.

Bosasa Group, now known as African Global Operations (AGO) Group is a South African facilities management company; specializing in assisting companies in managing their business better. They also provide services to the South African government especially prison services.

Spokesperson of The Hawks, Brigadier Hangwani Mulaudzi said “the arrests follows a marathon investigation for the misappropriation of almost R1.6 billion in the tender processes for the procurement of various services between Bosasa and the Department of Correctional Services.

The arrests also includes former correctional services CFO Patrick Gillingham, and former Bosasa Chief Financial Officer (CFO) Andries van Tonder.

The arrest of the officials were for receiving and accepting cash gifts. They also allegedly received financial assistance from Bosasa in acquiring properties, motor vehicles from dealers, other assets and payments to travel agents for overseas travel.

However, after appearing at the Specialised Commercial Crimes Court in Pretoria on 6 February 2019; Bosasa’s COO Angelo Agrizzi and four others were granted bail for R20,000 each.

Two other suspects persons were not available for the court hearing. The Hawks said plans are underway to process their cases.

This is still a developing story as it is involving more persons.  The case has now been adjourned to March 27 2019 for further investigation.

Here is every thing you need to know about this case from the video below:

Also, Click Here to see the full story behind the sudden Bosasa arrests.

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