Angola: Former Central Bank Governor Lawyer Challenges Ruling

José Filomeno dos Santos (file photo).

Luanda — The lawyer of Valter Filipe, former governor of the National Bank of Angola (BNA), Sérgio Raimundo, considered, this Friday, excessive the penalty applied to his client.

Valter Filipe was sentenced to eight years in prison by the Supreme Court for involvement in the "500 million case," together with former chairperson of the Sovereign Fund of Angola, José Filomeno dos Santos "Zenu", sentenced to five years.

The court also sentenced António Bule to five years in prison and George Gaudens to six years. However, the defence lawyers have already lodged an appeal for the sentences, with suspensive effect.

In statements to the press after reading the sentence, Sergio Raimundo vowed to work on the appeal to see his sentence reduced.

He also considered the compensation of five million kwanzas applied excessive.

The defendants were convicted of the crimes of embezzlement, influence peddling and fraud, and were to pay compensation of 300,000 kwanzas each, 150,000 for the judicial services and the sum of five million kwanzas in solidarity.

AllAfrica publishes around 800 reports a day from more than 100 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.