The company was liquidated in 2019 after whistleblower Angelo Agrizzi revealed the malfeasance in prolonged scandal about its allegedly corrupt relationship with members of the governing African National Congress (ANC), aired during the Zondo Commission of Inquiry.

[4] On 18 February 2019, the company announced that it would submit to voluntary liquidation as banks intended to close its accounts by the end of the month.

[14][15] In August 2018, the company's former chief operating officer, Angelo Agrizzi, announced his intention to become a whistleblower and "provide comprehensive details" about "racketeering, corruption and money laundering that I have been aware of over the last 18 years" at Bosasa.

[16] Over the next two years, Agrizzi testified at length to the Zondo Commission about Bosasa's relationship with ANC and government officials, which he characterised as deliberately corrupt.

Indeed, Agrizzi claimed that Bosasa made monthly payments of R300,000 to Zuma, collected on his behalf by former South African Airways chairperson Dudu Myeni.

[29][30] Freedom Under Law, a legal advocacy organisation, said that the shooting was likely linked to the Murrays' work tracing Bosasa's finances, comparing it with deaths of others investigating corruption such as Charl Kinnear and Babita Deokaran.