• Latest
  • Trending
  • All
  • News
  • Business
  • Politics
  • Lifestyle
Son of ex-Angola president sentenced to five years in prison over emblezzlement

Son of ex-Angola president sentenced to five years in prison over emblezzlement

August 15, 2020
Victoria University thanks Museveni for granting them Charter

Victoria University thanks Museveni for granting them Charter

August 19, 2022
Tooro elders want age limit bill dropped

Prof. Edward Rugumayo appointed chancellor of Mountains of the Moon University

August 19, 2022
C-Care IHK launches CT scan machine

C-Care IHK launches CT scan machine

August 19, 2022
How fraudsters tried to sell off shs3bn plot of land in Kampala without owner’s knowledge

How fraudsters tried to sell off shs3bn plot of land in Kampala without owner’s knowledge

August 19, 2022
Disgruntled politicians planning to disrupt President Museveni’s swearing-in, says Police

Police launches operation to recover shs8bn held in uncleared EPS tickets

August 19, 2022
Police arrests woman for burning housemaid with flat iron, hot water

Police arrests woman for burning housemaid with flat iron, hot water

August 19, 2022
Next Production Limited announces the date for High Skool Kiro Mo

Opinion: Marketing teams strive on team building exercises

August 19, 2022
Home based players make case for Cranes yet again

Micho names squad for Tanzania CHAN qualifier

August 19, 2022
Minister Nankabirwa: “Don’t mistreat Bobi Wine’s supporters”

Nankabirwa: “Power supply will normalise in three weeks”

August 19, 2022
HORRIFIC: Jealous woman cuts off husband’s genitals in fit of rage

Man accidentally cuts his genitals while dreaming of meat

August 19, 2022
Logo
  • News
    • Politics
    • Business
    • 2021 Elections Watch
      • The Election Podcast
    • Exclusive
    • Investigations
  • Education
  • Security
    • Cyber Security
  • Health
    • Coronavirus outbreak
  • Opinions
    • Columns
      • Parting Shot
      • Two Sides of a Coin
      • Bazanye’s Quick Shots
      • Mable Twegumye Zake’s #BitsOfMe&You
      • But this Year!
      • What Did I Miss?
  • Lifestyle
    • Hatmahz Kitchen
    • Food Hub
    • Let’s Talk About Sex
    • Entertainment
    • Tour & Travel
    • Love Therapist
    • Homes
  • Global
    • Africa
    • Asia
    • Middle East
    • Europe
    • The Americas
  • East Africa
    • Kenya
    • Rwanda
    • Tanzania
    • South Sudan
    • DR Congo
    • Ethiopia
    • Sudan
  • Technology
  • Ask the Mechanic
  • Special Reports
    • Kabaka Mutebi’s 25th Coronation Series
    • Focus on Somalia
    • Sino-Africa
    • Uganda at 56
    • Anti-Corruption Fight
    • Age Limit Map
    • Tuve Ku Kaveera
  • Sports
    • Place-It
    • StarTimes Uganda Premier League
    • Bundesliga
    • World Cup
  • Jobs
No Result
View All Result
Logo
No Result
View All Result
Home Global Watch Africa

Son of ex-Angola president sentenced to five years in prison over emblezzlement

NP admin by NP admin
August 15, 2020
in Africa, News
Reading Time: 2 mins read
0
Son of ex-Angola president sentenced to five years in prison over emblezzlement

Jose Filomeno dos Santos

Jose Filomeno dos Santos, son of the former president who ruled Angola for 38 years, was sentenced to five years in prison by the nation’s Supreme Court in Luanda on Friday for a multi-billion dollar embezzlement scheme.

He was accused of attempting to transfer to $1.5 billion into a private Swiss bank account from the sovereign wealth fund – which he oversaw for 5 years from 2013.

Some Angolans view this as a good crackdown on corruption amongst the elite in the country
Three of his co-defendants — including the former governor of the national bank of Angola (BNA) Valter Filipe da Silva, received sentences of 3-6 years for similar crimes of fraud, embezzlement and influence peddling.

AD-03 AD-03 AD-03
ADVERTISEMENT

Zenu, as he is known, is the first to be persecuted from this presidential family as part of an anti-graft campaign led by current President João Lourenço – who came to power in 2017.

A second family member might follow suit as in February, Angolan investigators froze the assets of Zenu’s billionaire half-sister Isabel dos Santos as she is being probed for a lengthy list of crimes — namely mismanagement, embezzlement and money laundering during her stewardship of the state-run oil giant Sonangol.

ADVERTISEMENT

It appears that Lourenço has mainly targeted the relatives of his predecessor Jose Eduardo dos Santos, who appointed members of his family to key positions in the country during his presidency. This, unfortunately, left a legacy of nepotism and poverty — with only a small elite, since then, having benefited from Angola’s vast oil and mineral reserves.

The southwest African country has been slow to recover from a civil war which lasted from 1975 to 2002 civil war. A large part of the nation’s population live in poverty and have limited access to basic services.

Large pockets of the population live in poverty with limited access to basic services.

agencies

Tags: Angolafive years in prisonJose Eduardo Dos SantosJose Filomeno dos SantosPresident Joao Lourenço
ShareTweetSend
Previous Post

Francis Babu steps down for Kigongo in NRM CEC race

Next Post

Janet Museveni advises youth to refrain from using toxic substances during Covid-19 period

NP admin

NP admin

Related Posts

Victoria University thanks Museveni for granting them Charter

Victoria University thanks Museveni for granting them Charter

by Amon Katungulu
August 19, 2022
0

Victoria University has appreciated President Museveni for granting them a charter. Museveni granted the private university a charter on July...

Tooro elders want age limit bill dropped

Prof. Edward Rugumayo appointed chancellor of Mountains of the Moon University

by Samuel Muhimba
August 19, 2022
0

President Yoweri Museveni has appointed Prof. Edward Bitanywaine Rugumayo as the new chancellor of Mountains of the Moon University (MMU),...

How fraudsters tried to sell off shs3bn plot of land in Kampala without owner’s knowledge

How fraudsters tried to sell off shs3bn plot of land in Kampala without owner’s knowledge

by Kenneth Kazibwe
August 19, 2022
0

Police in Kampala have arrested two men for fraudulently creating a fake title to sell off a prime plot of...

Disgruntled politicians planning to disrupt President Museveni’s swearing-in, says Police

Police launches operation to recover shs8bn held in uncleared EPS tickets

by Kenneth Kazibwe
August 19, 2022
0

Police have announced they will starting on Monday, August 28 launch operations to arrest and also recover huge sums of...

Next Post
Police arrest Boda boda rider who transported gunman who shot dead Bugiri Imam

Janet Museveni advises youth to refrain from using toxic substances during Covid-19 period

  • Trending
  • Comments
  • Latest
How Museveni found himself trapped in the middle of William Ruto’s troubles

How Museveni found himself trapped in the middle of William Ruto’s troubles

August 3, 2021
Tumwine

Army, Gen Tumwine family cry over social media as death rumors linger

August 15, 2022
Top 10 African countries with exceptionally beautiful women

Top 10 African countries with exceptionally beautiful women

April 29, 2021
Salam Charity runs to the rescue of the business community in Kampala

Salam Charity runs to the rescue of the business community in Kampala

1
Why all these youth entrepreneurship grants are not bearing fruit

Ugandan youths to benefit from € 7 million skilling project

1
Boda bodas given four months to register or be kicked out of Kampala

KCCA to carry out boda boda census starting today

1
Victoria University thanks Museveni for granting them Charter

Victoria University thanks Museveni for granting them Charter

August 19, 2022
Tooro elders want age limit bill dropped

Prof. Edward Rugumayo appointed chancellor of Mountains of the Moon University

August 19, 2022
C-Care IHK launches CT scan machine

C-Care IHK launches CT scan machine

August 19, 2022
  • About
  • Advertise
  • Privacy & Policy
  • Careers
Call us: +256-417-720-101
Email: [email protected]

© 2020 Nile Post Uganda Ltd. - A Next Media Services Company.

No Result
View All Result
  • News
    • Politics
    • Business
    • 2021 Elections Watch
      • The Election Podcast
    • Exclusive
    • Investigations
  • Education
  • Security
    • Cyber Security
  • Health
    • Coronavirus outbreak
  • Opinions
    • Columns
      • Parting Shot
      • Two Sides of a Coin
      • Bazanye’s Quick Shots
      • Mable Twegumye Zake’s #BitsOfMe&You
      • But this Year!
      • What Did I Miss?
  • Lifestyle
    • Hatmahz Kitchen
    • Food Hub
    • Let’s Talk About Sex
    • Entertainment
    • Tour & Travel
    • Love Therapist
    • Homes
  • Global
    • Africa
    • Asia
    • Middle East
    • Europe
    • The Americas
  • East Africa
    • Kenya
    • Rwanda
    • Tanzania
    • South Sudan
    • DR Congo
    • Ethiopia
    • Sudan
  • Technology
  • Ask the Mechanic
  • Special Reports
    • Kabaka Mutebi’s 25th Coronation Series
    • Focus on Somalia
    • Sino-Africa
    • Uganda at 56
    • Anti-Corruption Fight
    • Age Limit Map
    • Tuve Ku Kaveera
  • Sports
    • Place-It
    • StarTimes Uganda Premier League
    • Bundesliga
    • World Cup
  • Jobs

© 2020 Nile Post Uganda Ltd. - A Next Media Services Company.