Former Bosasa COO Angelo Agrizzi has spent his first night behind bars after he was denied bail

Former Bosasa COO Angelo Agrizzi has spent his first night behind bars after he was denied bail by the Commercial Crimes court sitting in Palm Ridge, Johannesburg YESTERDAY. His legal team tried to persuade the court to grant him bail - citing health reasons. However advocate Arno Rossouw from the Investigating Directorate told the court that Agrizzi was a huge flight risk because of his substantial foreign investments in countries like Italy that run into millions of rand. He'll be back in court with his co-accused, former ANC MP Vincent Smith who's out on a 30 thousand rand bail - on the 3rd of December.