Former Bosasa COO Angelo Agrizzi has been granted bail by High Court

Former Bosasa COO Angelo Agrizzi has been granted bail by High Court

- Former Bosasa COO Angelo Agrizzi has been granted bail at the Johannesburg High Court

- Agrizzi was previously denied bail by the Palm Ridge Magistrates Court but this was overruled by Judge Ratha Mokgoatheng today

- Agrizzi's bail conditions include putting up his Italian property as surety, the property will be forfeited if he absconds

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Former Bosasa chief operating officer Angelo Agrizzi has been granted bail by the Johannesburg High Court. Agrizzi appeared in court on charges of fraud and corruption today. Agrizzi's case also includes charges of corruption for allegedly making payments to former ANC MP Vincent Smith.

Co-accused Vincent Smith was also released on bail. Agrizzi's bail conditions include putting up his Italian property as surety. If Agrizzi were to abscond, the property will be forfeited.

He was previously denied bail by the Palm Ridge Magistrates Court earlier this month. The State reportedly opposed bail as Agrizzi had moved millions abroad in offshore accounts and had not disclosed this information to the courts.

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Former Bosasa COO Angelo Agrizzi granted bail by High Court

Former Bosasa COO Angelo Agrizzi has been granted bail by Johannesburg High Court. Source: Photo by OJ Koloti / Gallo Images via Getty Images
Source: Getty Images

According to Business Day, Agrizzi's bail is equivalent to R15 million and the ruling was made by Judge Ratha Mokgoatheng. News24 reported that Judge Mokgoatheng said the Palm Ridge court had "misdirected itself in fact and law".

Briefly.co.za recently covered a story on Agrizzi after it was reported that he had nine guards watching him in ICU. This after he suffered a heart attack. Agrizzi's lawyer, Daniel Witz said that Agrizzi was confined to his bed by a leg cuff even though he has been hooked up to a ventilator.

Agrizzi was also connected to a drip and was undergoing dialysis. According to Witz, they will now argue that he has been receiving inhumane treatment whilst being in the hospital. Witz said of the nine guards, three were stationed physically in Agrizzi's intensive care room and they were not certain as to why.

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@pule_jones took to Twitter to confirm the incident:

"[BREAKING] @etvNewsSA can confirm that yesterday #AngeloAgrizzi suffered from sudden cardiac arrest but the doctors and hospital staff managed to resuscitate him and he is still currently in a serious condition. Story is developing."

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Source: Briefly.co.za

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