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).

See What Everyone is Watching

More From: ANGOP

Don't Miss

AllAfrica publishes around 700 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.