Son of Angola's ex-President named as suspect in $500m fraud case and barred from leaving the country
José Filomeno dos Santos, the son of Angola's
ex-President has been formally accused of fraud over the alleged
illegal transfer of $500m (£350m) from the central bank to the UK. He is
also barred from leaving the country, deputy Attorney General Luis
Benza Zanga said.
Dos Santos is the highest profile person targeted in new President João Lourenço's anti-corruption
drive. He had led oil-rich Angola's sovereign wealth fund during his
father's rule. However, he was removed from this role in January, months
after a BBC investigation into Angola's $5bn fund and following an
internal governance review.
The allegations against him relate to the $500m transferred to a
British bank, which was then frozen by authorities in the UK. The UK say
the money can now be returned. Mr dos Santos was formally named a
suspect in the investigation, along with the former governor of Angola's
central bank, Valter Filipe da Silva.
Mr Zanga said there was no chance of the case falling under any sort
of amnesty currently being offered by the government. "A pardon will
not work... this case will run to its final outcome," he said.
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