News24.com | JUST IN: Armscor CEO granted special leave to prepare for state capture inquiry

JUST IN: Armscor CEO granted special leave to prepare for state capture inquiry

2019-01-21 17:20
Kevin Wakeford. (Nelius Rademan, Netwerk24))

Kevin Wakeford. (Nelius Rademan, Netwerk24))

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Armaments Corporation of South Africa (Armscor) CEO Kevin Wakeford has been granted special leave following revelations at the Zondo commission of inquiry into state capture.

Armscor, the acquisition agency for the Department of Defence, said on Monday that the board decided to grant Wakeford his request "until further notice".

"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 benefitted from the Bosasa Group and subsequent confirmation with the Commission of Inquiry into State Capture; the CEO has requested special leave," the company said in a statement on Monday afternoon.

"This is in order to allow him time to prepare his evidence for the commission," it said.

Armscor confirmed in the statement that it had not done any work for and had no known commercial contract with Bosasa, now known as African Global Corporations.

The board would meet in due course to finalise the interim arrangements.

Bosasa former chief operations officer Angelo Agrizzi has been giving explosive evidence at the commission of inquiry since the hearings resumed for the year.

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