• Contact
  • Privacy Policy
Blacksonrise.com
DONATE
  • Consultation EST
  • Herbal Internal Wash
  • Group Training
  • Videos
  • Spiritual Detox
  • Ecourses
  • Client Area
    • Course Login
    • Video Login
    • LogOut
No Result
View All Result
  • Consultation EST
  • Herbal Internal Wash
  • Group Training
  • Videos
  • Spiritual Detox
  • Ecourses
  • Client Area
    • Course Login
    • Video Login
    • LogOut
No Result
View All Result
Blacksonrise.com
No Result
View All Result

Angolan ex-president dos Santos denies ties to daughter’s alleged graft

blacksonrise by blacksonrise
January 17, 2020
in African News
0
Angolan ex-president dos Santos denies ties to daughter’s alleged graft
0
SHARES
13
VIEWS
Share on FacebookShare on Twitter

Angola’s former president Jose Eduardo dos Santos has denied links to alleged public company embezzlement during his rule, in his first response to corruption investigators last month freezing his daughter’s assets.

Isabel dos Santos, the ex-president’s billionaire first-born, has been the target of an anti-corruption campaign led by her father’s successor President Joao Lourenco.

She is accused of using state-owned firms to divert over a billion dollars for her personal enrichment, allegations she denies and calls part of a political vendetta.

The investigation is looking at alleged irregularities involving diamond marketing firm Sodiam and Sonangol — Angola’s national oil company, which was handed over to Isabel dos Santos by her father in 2016.

In a letter to Angola’s parliament and constitutional court, Jose Eduardo dos Santos distanced himself from investigations into illicit enrichment during his rule.

It is the first time he has responded to allegations surrounding his daughter, who has repeatedly claimed her innocence.

“The (former) President of the Republic… had no direct participation in diamond sales,” the ex-president stated in the letter, dated January 13 and seen by AFP on Friday.

Advertisements

Dos Santos also denied “participation in the sale of crude oil” produced by Sonangol, claiming revenues were monitored by the finance minister and only incorporated into the state budget after parliament’s approval.

“The (former) President of the Republic… has never transferred (money) to himself or to any other state,” he concluded. “(Those) who said he did it lied!”

Lourenco forced Isabel dos Santos out of the state oil firm within months of coming to power in 2017. He has since launched a purge of his predecessor’s administration.

Jose Eduardo dos Santos ruled the oil-rich southern African country with an iron fist for 38 years.

During this time, top positions were awarded to the ex-president’s cronies and wealth accumulated in the hands of a select few.

Last month, prosecutors froze the bank accounts and holdings owned by Isabel dos Santos and her Congolese husband Sindika Dokolo.

Dos Santos’ children claim they have been unfairly targeted by Lourenco’s anti-graft campaign.

His son Jose Filomeno went on trial last month for allegedly embezzling $500 million (around 450 million euros) from Angola’s sovereign fund, which he oversaw from 2013 to 2018.

Nicknamed “Zenu”, he is the first member of the dos Santos family to be prosecuted and faces a maximum of 12 years in jail if found guilty.

Meanwhile, Zenu’s half-sister Welwitschia was suspended from Angola’s parliament in October for absenteeism and “unjust enrichment”.

The majority of the dos Santos have moved abroad. Thousands follow Isabel and Welwitschia’s jet-setting lifestyle on Instagram.

Credit: Source link

Previous Post

Judge Judy talks about life growing up

Next Post

Gidarjil secures 20 year lease extension at Port

Next Post
Gidarjil secures 20 year lease extension at Port

Gidarjil secures 20 year lease extension at Port

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT

HOT Updates

No Content Available

BlackSonRise.com is an online news portal which aims to provide Caribbean News, African News, Business and much more stuff like that. Feel free to get in touch with us!

Follow us on social media:

Recent News

  • Eyewitness: Christmas Eve… | INews Guyana
  • UK stocks edge higher in muted holiday trading – SABC News
  • History repeats for NYCFC against Costa Rican debutant

Subscribe NOW

Loading
  • Contact
  • Privacy Policy

© 2019 Blacksonrise.com is an online news, e-learning, and business website that caters to the global black community.

No Result
View All Result
  • Consultation EST
  • Herbal Internal Wash
  • Group Training
  • Videos
  • Spiritual Detox
  • Ecourses
  • Client Area
    • Course Login
    • Video Login
    • LogOut

© 2019 Blacksonrise.com is an online news, e-learning, and business website that caters to the global black community.

USD $
  • USD USD $
  • EUR EUR €
  • GBP GBP £