01/11/2026
The Pretoria High Court has ordered former Bosasa chief operating officer Angelo Agrizzi to pay the State more than R1.66 billion following a confiscation enquiry linked to his role in the company’s corruption network. Judge Mosopa ruled in favour of the National Director of Public Prosecutions, finding that Agrizzi benefited from Bosasa’s unlawful activities and that the State was entitled to confiscate the proceeds. The court also rejected Agrizzi’s argument that he could not be held responsible for the wider criminal activities of the company.
The judgment follows Agrizzi’s November 2025 conviction after he pleaded guilty to three counts of corruption and one count of money laundering. The court found that he had failed to make full and frank disclosure of his financial affairs, including properties and assets in Italy. Agrizzi must pay R1,666,582,825.73, together with interest from the date of judgment until final payment, as well as the State’s legal costs, including the costs of two counsel on Scale C. The judge emphasised that criminals should not be allowed to benefit from the proceeds of their unlawful activities.
