Kevin Wakeford, the CEO of state-owned arms procurement agency Armscor, has been granted special leave after allegations emerged against him at the commission of inquiry into state capture. The commission has been hearing testimony by former Bosasa COO Angelo Agrizzi, who has laid bare how the facilities company allegedly bribed ANC officials. Wakeford has allegedly been implicated in Agrizzi's affidavit to the commission. “In the light of the latest media developments where the CEO of Armscor, Mr Kevin Wakeford’s name was mentioned in the list of individuals who are said to have benefited from the Bosasa group and subsequent confirmation with the commission of inquiry into state capture, the CEO has requested special leave,” Armscor said in a statement. “Armscor can confirm that the organisation has not done any work and has no known commercial contract with the Bosasa Group, now called African Global Corporations. “The board of Armscor has since granted Mr Wakeford special leave a...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.