Angola: Former Sovereign Fund CEO Indicted

Former president José Eduardo dos Santos, son José Filomeno dos Santos and daughter Isabel dos Santos (file photo).

Luanda — The former president of the Board of Directors of the Angolan Sovereign Fund, José Filomeno dos Santos, has been indicted by the Attorney General's Office (PGR).

The information was released Monday in Luanda during in a press conference by the PGR, according to which the former manager is prevented from leaving the country on suspicion of involvement in the illegal transfer of USD 500 million from the National Bank of Angola (BNA).

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