ANC MP and co-chairperson for Parliament's constitutional review committee, Vincent Smith, responds to allegations that he was irregularly paid R670 000 by facilities management group Bosasa over the past three years:
In light of the allegations that were made in the media over the past weekend, I have since consulted with the leadership of the ANC in Caucus. We are all in agreement that I am obliged to respond.
I confirm having entered into an agreement for a personal loan with Mr A. Agrizzi which is repayable by me. This loan was processed to me in two separate payments; an amount of R220 000 in 2015; and R395 000 in 2016. The loan was for the university tuition fees of my daughter in year one (2015) and year 2 (2016).
I deny any further assistance, financial or otherwise, including the installation of CCTV cameras at my home from him or any other person or company. The cameras that are at my home were paid for by myself.
My sole directorship of Euro Blitz 48, a company through which the loan was processed, is fully declared in the register of members interest and this has been the case since the acquisition of the company.