Angola Foresees Recovering Usd 50 Billion in Five Years

Luanda — Fifty billion dollars is the amount that the Angolan Government plans to recover in the next five years, in the ambit of the fight against corruption and recovery of state assets.

This is part of a total value of over 150 billion dollars embezzled from the state treasury.

This information was provided on Wednesday, in Luanda, by the director of the National Service for Assets Recovery of the Attorney General Office, Eduarda Rodrigues, who was speaking in the seven edition of the CaféCIPRA event that addressed the topic on "Corruption Fight and Assets Recovery".

For the magistrate, so far, the state has already recovered over US$ 5.3 billion, part in cash and in assets.

In the framework of the criminal process, she went on to clarify, the country seized more than US$ 12.9 billion, of which just over 6.1 billiion were recovered abroad and the remaining amount in Angola.

Eduarda Rodrigues stated that all the goods were recovered through voluntary deliveries in the scope of the legal processes running in various countries, although not yet in effective possession of the Angolan State.

The prosecutor recalled that the process is difficult and complex and in some cases Angola will have to make asset sharing agreements considering that those involved in such cases also commit money laundering crimes in countries where they took the money.


The Angolan state recovered 14 buildings in Luanda Province, six houses, shops, offices, land plots and over 500 vehicles in abusive possession of former public office holders, among other assets, announced Sebastião Ngunza, head of General Inspectorate of State Administration (IGAE).

These figures are from 2017 up to date within the scope of inspection and pedagogical actions by the IGAE.

According to the IGAE head, these ctions are related to the prevention and fight against corruption that resulted also in the increase of the inspection actions or auditing in public institutions, investigation and arrests, culture of denouncing as well as the significant rise of Angola's position in the international transparency ranking.

On the other hand, Sebastião Ngunza stressed that the information on social media which says that IGAE has arrested a prosecutor for corruption acts is false.

The official clarified that IGAE does not have competence to arrest anyone, much less to arrest a public prosecutor who enjoys immunities.

Justice and Human Rights

According to minister Francisco Queiroz, corruption had a deeply harmful impact on morals and ethics in Angolan society that caused an increase of social inequalities and the gap between rich and poor.

The minister of Justice claimed that the pride and dignity of Angolans was affected by the international public opinion as the country was among the worst in the world in the ranking of the most corrupt states.

Francisco Queiroz also informed that the corruption fight meets obstacles and resistance and one of them is the change of conscience and internalization of ethical and moral values.

The official pointed out that the return of the assets retained abroad, a process in which there are difficulties to repatriate values is another obstacle to the full success of the operations gainst corruption.

According to the minister, the fight against corruption has brought about gains, with the increase in society´s moralization as a factor of sustainability of business, ethical and moral values in Angola.

The minister clarified that the main motivation is to improve the population´s living conditions, replacing the stolen money to fight structural distortions in the economic and financial system.

"The recovered assets were used to improve the population´s living conditions, through direct investments in access to drinking water, health, education, employment and economic means of subsistence", concluded the official.

The fight against corruption and the recovery of assets constitute one of the main promises of the government led by President João Lourenço, who started a broad debate on a topic that was until then a taboo and mobilized society in general.

Meanwhile, CaféCIPRA is a space for dialogue between representatives of the Government and civil society, promoted by the Press Centre of the Presidency of the Republic (CIPRA).

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