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According to Smith, he used the money to pay for his daughter’s college tuition.
FILE: Vincent Smith during a press conference in Kempton Park, Johannesburg, June 24, 2018. Image: EWN.
JOHANNESBURG – Former African National Congress (ANC) deputy Vincent Smith, who was also chairman of the Correctional Services committee, was on Friday at the state’s arrest commission of inquiry to testify about the more than R500,000 he received from Bosasa .
Smith resigned after the news broke.
But he said he had signed an agreement for a personal loan with former Bosasa COO Angelo Agrizzi and revealed that the money was processed in two separate payments of R220,000 in 2015 and R395,000 the following year.
According to him, he used the money to pay for his daughter’s college tuition.
But Supreme Court Vice President Raymond Zondo wanted to know more.
LOOK: Procedures of the state capture commission
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