Angelo Agrizzi offered R80m bribe for silence

The Watson family was prepared to do anything to keep whistleblower Angelo Agrizzi quiet — including offering him an R80m hush fund. An e-mail to Agrizzi from Bosasa lawyer Brian Biebuyck last September — which the Sunday Times has seen — contained a proposed agreement revealing an elaborate web to make the payments appear legitimate. In the proposal, Bosasa boss Gavin Watson would pay Agrizzi a monthly consultancy fee of R250,000. Agrizzi would also set up a new company, Newco, to which Watson would pay up to R10m a year, for six years. Watson also included a R5m “good faith” payment. Agrizzi's fee would be for advising Watson “personally in relation to his business dealings”. Read the full story in the Sunday Times