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How late Gavin Watson company Bosasa amassed more than R2.3bn in government contracts

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The late Gavin Watson’s business, Bosasa, acquired more than R2.3 billion in government contracts, according to recent revelations from the ongoing state capture investigation.

According to sources, the investigation into state capture allegations began with the Gupta business empire, but the real revelation has been Bosasa’s long-standing corrupt relationship with government departments, which has implicated former president Jacob Zuma, former water affairs minister Nomvula Mokonyane, and mineral resources minister Gwede Mantashe.

The panel on state capture published a 900-page report on Bosasa’s illegal actions, which included work for government ministries like as prisons, home affairs, education, and transportation.

In approximately the course of a decade, the corporation has acquired over R2.3 billion in government contracts. According to Angelo Agrizzi, a former chief operations officer turned whistle-blower, they also paid an illegal tax for this service, doling out an estimated R75 million in bribes.

While part of Agrizzi’s evidence was doubtful, most of it was convincing, according to investigation head Raymond Zondo. Agrizzi told the committee about the bundles and boxes of cash held at the Bosasa offices to assist pay bribes.

 

“It is necessary to admit right away that Mr Agrizzi as a witness may be subjected to a lot of objections. In several cases, his testimony was conflicting. In terms of specificity, his evidence was shaky,” Zondo stated.

The panel acknowledged that Agrizzi’s motivations for testifying were “mixed,” but his testimony was backed up by the Special Investigating Unit and other witnesses.

 

“Even though he may have tried to downplay his participation at times, he was, on his own testimony, guilty of illegal activity on a large scale.” “Taking this into consideration, as well as the abundant corroborative evidence, it is reasonable to conclude that Mr Agrizzi was, for the most part, a truthful witness,” the panel said.

Agrizzi uncovered a labyrinth of fraud, corruption, bribes, and favors that Bosasa used to gain government contracts.

 

“The paying of financial bribes was Bosasa’s major strategy for seeking to influence public officeholders. The sums paid seemed to be proportional to the level of power that the official in question could wield.

“In most cases, the system included attempting to do so on a continuous basis.”

 

It has been very clearly done to foster a corrupt type of allegiance to Bosasa by creating a dependency on the frequent payments that would result. By disseminating the rewards widely, it hoped to increase its corrupt influence while also reducing the probability of whistle-blowers coming forward to expose specific compromised public officials,” Zondo stated.

 

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