Former BOSASA Chief Operations Officer (COO) Angelo Agrizzi and state capture commission of inquiry whistleblower has been handed a wholly suspended 40-year prison sentence after entering into a plea and sentence agreement with the state.
Henry Mamothame, spokesperson for the Investigating Directorate Against Corruption (IDAC) said Agrizzi appeared before the Gauteng High Court in Pretoria on Thursday.
He pleaded guilty to three charges of corruption and one charge of money laundering.
CHARGES AGAINST HIM
Two of the corruption charges relate to his contravention of section 4(1)(b) of the Prevention and Combating of Corrupt Activities Act (PRECCA), while the third falls under section 7(1)(b).
The money laundering charge is in contravention of section 4 of the Prevention of Organised Crime Act (POCA), said Mamothame.
The charges against Agrizzi emanate from his involvement in the wide-ranging corruption at BOSASA, later renamed African Global Operations.
The multi-services company was linked to alleged corrupt dealings with numerous business figures and politicians, including former ANC MP Vincent Smith.
Under the plea agreement, Agrizzi was sentenced to 10 years’ direct imprisonment on each count, a total of 40 years but the sentence was wholly suspended for five years, each on various conditions.
CONDITIONS OF PLEA DEAL
Among those conditions, Agrizzi is required to cooperate fully with IDAC investigators and South African Police Service (SAPS) officials by submitting detailed affidavits outlining his knowledge of corruption involving public and private sector figures linked to BOSASA.
The IDAC described the outcome as a crucial step in the ongoing state capture investigations, noting that Agrizzi’s continued cooperation and testimony under Section 204 of the Criminal Procedure Act will aid future prosecutions of high-level individuals implicated in BOSASA’s corruption network.
“The IDAC affirms that while the crimes committed were severe—representing a critical component of state capture—the agreement secures a definitive conviction and mandates Agrizzi’s continued and truthful cooperation.
This cooperation is indispensable to the NPA’s ongoing investigations and future prosecutions against other high-level individuals implicated in the BOSASA corruption network,” said Mamothame.
