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Former ANC MP Vincent Smith's fraud case postponed again


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Former ANC MP Vincent Smith's fraud case postponed again

Legal scales

5th July 2022

By: News24Wire


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The tax fraud and money laundering case against former African National Congress (ANC) MP Vincent Smith has been postponed again.

Smith appeared briefly in the Palm Ridge Magistrate's Court in Johannesburg on Tuesday. He will be back in court again in August for a High Court date.


He is charged with tax fraud, money laundering, corruption, and breaching the Financial Intelligence Centre Act.

The tax fraud charges stemmed from Smith and his company's failure to disclose taxable income between 9 March 2009 and 11 July 2018, totalling R28-million.


Smith stands accused in his personal capacity and as a representative of his company, Euroblitz 48. He has been charged with corruption for gratifications he allegedly received from Bosasa in the form of security upgrades to his home in Gauteng.

He faces corruption charges for allegedly accepting further gratifications from Waterfall Golf Estate and CLIDET 69.

He also faces charges for allegedly accepting cash transferred into his and his company's bank accounts from Bosasa and other people unknown to the State.

Smith, the former chairperson of the National Assembly's Portfolio Committee on Correctional Services, and former Bosasa COO-turned-whistleblower Angelo Agrizzi were arrested and charged with corruption.

The State alleged the payments were made to Smith to stop his opposition to Bosasa during parliamentary committee meetings.


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