Angelo Agrizzi's bail application dismissed

Former Bosasa COO, Angelo Agrizzi's bail application has been denied. Agrizzi has no assets in his name in South Africa. But he has money and other assets outside the country. Courtesy #DStv403

JOHANNESBURG - Angelo Agrizzi's bail application has been dismissed.

READ: Vincent Smith's bail extended to December

The former Bosasa executive appeared in court on fraud and corruption charges, for allegedly bribing influential people, including former ANC MP Vincent Smith.

The court ruled that Agrizzi's foreign assets make him a flight risk.

Smith's bail has been extended to 3 December.

He faces charges of fraud and corruption, relating to two payments made to his company Euro Blitz 48, by Bosasa.

Source
eNCA

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