Vincent Smith granted R30 000 bail

Vincent Smith
Reading Time: < 1 minutes

Former ANC MP, Vincent Smith has been granted R30 000 bail at the Palm Ridge Magistrate’s Court on Thursday.

The state did not oppose bail.

Smith faces charges of fraud and corruption to the tune of R800 000.

His charges relate to his relationship with African Global Operations, formerly known as Bosasa.

The video below is reporting that Smith handed himself over to police this morning:

In 2019, the company’s former COO Angela Agrizzi told the commission that Smith had received a R100 000 monthly payment from Bosasa to influence committees in Parliament.

Agrizzi also alleged that Bosasa paid for renovations to Smith’s house and for his daughter’s studies.

State Capture Inquiry live stream: