11 November 2007
Luanda — Angolan Government Friday in Lisbon (Portugal) denied having instructed the public companies to severe commercial relations with the Banco de Fomento Angola (BFA), owned by the Portuguese group (BPI).
The information was released early last week by a certain Portuguese source that alleged that the Angolan Government had taken such a measure in response to BFA having quit the co-leadership of the syndicate of banks that will finance works of national reconstruction estimated at Usd 3.5 billion.
Speaking on the Angolan State-run Radio Nacional de Angola (RNA) broadcasting station, in Lisbon, the prime minister's assistant minister, admitted that BFA backing off caused some discomfort, but denied any recommendation to the public firms to close down their accounts with BFA.
He stressed there was no Government instruction to discriminate against any financial institution. In fact, he added, the Angolan Government has just finalised an accord with a banking syndicate that will finance the programme of national reconstruction, in an amount of over three billion US Dollars, with the involvement of several Portuguese banks, which denies the idea of a supposed persecution of the Angolan Government to the Portuguese banks that operate in the Angolan market.
The prime minister's assistant minister is in Lisbon to attend the conference on Strategic Partnership between the European Union and Africa, sponsored by the Portuguese-American Foundation for Development and the Portuguese Institute for International Relations.
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