PAY BACK THE MONEY: ‘I’m not Rockefeller’: Angelo Agrizzi says he has no money to repay R1.66bn
Former Bosasa chief operating officer Angelo Agrizzi says he does not have the money to repay a R1.66bn confiscation order imposed by the Pretoria high court and intends to challenge the judgment on appeal.
Former Bosasa chief operating officer Angelo Agrizzi has stated that he does not have the financial means to repay a R1.66 billion confiscation order imposed by the Pretoria High Court. Agrizzi, speaking from Italy, questioned how the State expected to recover such a large sum, arguing that it was far beyond anything he had personally received.
He maintains that he is merely an employee of Bosasa and not a director or shareholder, and that he is being held liable for a substantial amount due to his role in a corruption scandal. Agrizzi intends to appeal the judgment and has cited his ill health and reliance on oxygen as reasons for his inability to meet the payment order.
Written by urgent.news from Daily Maverick's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
