02/11/2026
MEDIA STATEMENT
02 NOVEMBER 2026
FOR IMMEDIATE RELEASE
SAFTU WELCOMES R1.66 BILLION CONFISCATION ORDER AGAINST ANGELO AGRIZZI
The South African Federation of Trade Unions (SAFTU) welcomes the judgment handed down by Judge M.J. Mosopa in the Gauteng Division of the High Court in Pretoria on 29 October 2026, ordering former BosasaChief Operating Officer Angelo Agrizzi to pay the state R1.66 billion, plus interest, in connection with the proceeds of corruption linked to Bosasa's unlawful activities.
This judgment will hopefully send a stern and unequivocal warning to all those who have enriched themselves through corruption, bribery and the abuse of public resources that the proceeds of their criminal activities can be confiscated and that corruption must not be allowed to pay.
The confiscation order follows Agrizzi's conviction and sentencing on 6 November 2025, pursuant to a plea and sentence agreement in which he pleaded guilty to three counts of corruption and one count of money laundering arising from his role at Bosasa. The judgment represents an important development in the pursuit of financial accountability for corruption associated with state capture.
While the order does not mean that the full amount has already been recovered, it establishes a legal obligation for Agrizzi to pay the state and reinforces the principle that those who participate in corrupt activities must be deprived of the financial benefits derived from their crimes.
The Bosasa corruption scandal is a painful reminder of how deeply entrenched corruption has become in South Africa's public procurement system.
The revelations surrounding the company's operations exposed how public institutions and government contracts were manipulated through bribery, corrupt relationships and the abuse of political and administrative influence. Bosasa's operations demonstrated how private business interests could exploit their proximity to state power to secure lucrative government contracts, while public resources intended to serve society were diverted towards private enrichment.
For too long, corruption has flourished through the collusion of individuals in both the public and private sectors, with politically connected business interests and public officials exploiting state institutions for personal and corporate gain. While workers and their families struggle with unemployment, poverty, rising living costs and deteriorating public services, a privileged few have accumulated enormous wealth through corrupt dealings involving public funds. This represents a betrayal of the millions of South Africans who depend on public institutions for essential services and who continue to bear the consequences of corruption and the misappropriation of public resources.
The working class cannot continue paying the price for corruption through collapsing public services, failing municipalities, inadequate healthcare, deteriorating infrastructure and the diversion of resources that should be creating jobs and improving people's lives. Every rand lost to corruption represents resources that could otherwise contribute towards strengthening public services, expanding productive investment and addressing the triple crisis of unemployment, poverty and inequality.
SAFTU reiterates that public resources belong to the people and must be used to advance social development and improve the living conditions of the working class.
SAFTU believes that this confiscation order must not be treated as an isolated victory. It must serve as an impetus for a much broader and more determined effort to dismantle corruption networks and ensure that everyone who participated in, facilitated or benefited from corrupt activities is held accountable. The prosecution and punishment of individual perpetrators, while necessary, will remain insufficient if the wider networks of corruption and their beneficiaries are allowed to remain intact.
We therefore call on the National Prosecuting Authority (NPA) and all relevant law enforcement agencies to deepen and widen their investigations into the Bosasacorruption scandal and other state capture-related activities. Investigators must follow the money, identify the beneficiaries of corrupt transactions and pursue every individual against whom credible evidence of wrongdoing exists. Investigations must not stop with those who have already been convicted, nor should they be confined to individuals who directly received payments while overlooking those who facilitated, authorised or knowingly benefited from corrupt arrangements.
All other individuals implicated in the Bosasa scandal, including those who occupied positions of political or administrative authority, must be subjected to proper investigation where the evidence warrants it.
There must be no sacred cows, political protection or selective application of justice. Those who facilitated the looting of public resources must not be allowed to escape accountability simply because of their political connections, wealth or positions of influence. The principle of equality before the law must apply without exception.
SAFTU further calls for the strengthening of the capacity and independence of law enforcement institutions, particularly the NPA and its Investigating Directorate Against Corruption, to ensure that complex corruption cases are thoroughly investigated, successfully prosecuted and accompanied by effective measures to recover the proceeds of crime.
The state must possess the institutional capacity, financial resources and specialised expertise necessary to confront sophisticated corruption networks that often involve powerful political and business interests.
However, recovering the proceeds of corruption is only one part of the struggle against this scourge. Government must also urgently address the systemic weaknesses in public procurement, strengthen oversight and accountability mechanisms, and ensure that public contracts serve the interests of society rather than becoming instruments of private enrichment. Public procurement must be transparent, properly monitored and subject to effective consequences where irregularities and criminal conduct are established.
SAFTU urges the NPA and all relevant law enforcement agencies to build on the momentum generated by this judgment and intensify efforts to pursue the wider network of individuals implicated in corruption. South Africa cannot afford another era in which grand corruption is extensively exposed through commissions of inquiry, only for those responsible to escape the full consequences of their actions.
The fight against corruption must extend beyond public declarations of commitment and isolated convictions. It must result in the dismantling of corrupt networks, the recovery of unlawfully acquired assets, the prosecution of those responsible and the restoration of public institutions to their proper purpose of serving the people.
SAFTU reiterates that corruption is not a victimless crime. Its victims are the millions of workers, unemployed people and impoverished communities who are denied the services, infrastructure and economic opportunities that public resources should provide. The struggle against corruption is therefore inseparable from the struggle for decent work, quality public services, economic justice and a state that serves the interests of the working class.
SAFTU insists that corruption must never pay, that no individual should be above the law, and that every person who unlawfully enriches themselves at the expense of the people must face the full consequences of their actions.
A statement was issued on behalf of SAFTU by the General Secretary, Zwelinzima Vavi.
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