Gavin Watson: R500 million in off-shore account, but only R70 in hand

Gavin Watson: R500 million in off-shore account, but only R70 in hand

- Gavin Watson's death was at the centre of everyone's attention yesterday, and more interesting aspects to his sudden passing have been uncovered

- Speculation abounded as to why the BOSASA CEO had been headed to the airport in the first place

- With R500 million allegedly stashed in an offshore account, but only R70 in his pocket, Watson has left SA with more questions than answers

PAY ATTENTION: Click “See First” under the “Following” tab to see Briefly.co.za News on your News Feed!

Yesterday at around 5am BOSASA CEO Gavin Watson crashed a white Toyota Corrolla into a concrete pillar outside OR Tambo International Airport.

Briefly.co.za reported that it had not yet been revealed exactly why the apartheid activist had been headed to the airport in the first place.

With speculation rife, former BOSASA COO Angelo Agrizzi raised his suspicions that Watson may have been making a run for it.

PAY ATTENTION: Do you want to know what's trending on Briefly.co.za? Join our WhatsApp group today.

READ ALSO: In-depth look at the death of former Bosasa CEO Gavin Watson

However, Watson had only R70 in his pocket along with his ID and driver's licence, but no phone and no travel bags, writes News24.

TimesLIVE reports that the CEO was due to appear before the South African Revenue Services Inquiry today to explain why he had funnelled R500 million into an offshore account in English tax haven, Guernsey.

The police are currently investigating a case of culpable homicide, with the details around the incident itself still sketchy.

Enjoyed reading our story? Download BRIEFLY's news app on Google Play now and stay up-to-date with major South African news!

Source: Briefly.co.za

Mailfire view pixel