Jose Filomeno dos Santos, the son of Angola’s former president,
has been sentenced to five years in prison after
being found guilty on corruption charges.
Naija News Understands that he was sentenced for fraud amounting
to some 500 billion dollars when he headed the country’s sovereign
wealth fund.
Earlier, British authorities froze the money in the UK after
suspecting foul play and say it will now be returned to Angola.
Dos Santos’ passport has since been seized and he is barred from
leaving the country. After 38 years in power, his father Jose
Eduardo dos Santos resigned in September 2017.
His trial has been the most high profile case to date under the
anti-corruption drive of President Joao Lourenco, who took the helm
after dos Santos stepped down in 2017 after a near four-decade grip
of power in Africa’s second-biggest oil exporter.
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Judge Joao Pitra found Dos Santos – nicknamed “Zenu” – guilty of
fraud, embezzlement and influence trafficking, Lusa said. Valter
Filipe, former governor of the National Bank of Angola, was
sentenced to eight years in the case. António Samalia Bule, former
director of Banco Nacional de Angola, and Jorge Gaudens Sebastião,
a businessman and longtime friend of Zenu’s, got five years and six
years respectively.
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Budget Ministry Sets-up Committee on 23rd Annual
ICE, Senior Officials
The Permanent
Secretary, Budget and National Planning, Mrs. Olusola Idowu, has
formally inaugurated the Local Organising Committee (LOC) for the
hosting of the 23rd regular Inter-Governmental
Committee of Experts (ICE) and Senior Officials meeting in
Nigeria.
Idowu, while
addressing the LOC said “The committee will be responsible for
planning, organizing and executing all approved activities for the
hosting of the ICE, co-opt any organization(s), person(s)
relevant to the successful hosting of the event and carry out any
assignment as may be required towards the success of the
event”.
According to the
Permanent Secretary, the ICE is a body established by the
United Nations General Assembly for West Africa.
She informed that the
committee met annually to discuss Economic and Social issues and
made recommendations based on the working documents prepared by the
Sub-Regional Office for West Africa (ECA/SRO-WA).
Idowu stated that the
recommendations were subsequently considered by the Annual
Conference of African Ministers of Finance, Planning and Economic
Development.
She noted that the
meeting was initially scheduled for May, 2020 but was
postponed due to the COVID-19 pandemic.
In her words, “With
several meetings held between officials of the UNECA and the
Federal Ministry of Finance, Budget and National Planning, the new
date for the ICE meeting will be November, 2020, depending on the
COVID-19 situation”
She charged the LOC to
be committed and bring their wealth of experience to bear, towards
a successful hosting of the conference while assuring them of
the Ministry’s maximum support to enable the committee succeed in
the onerous task.
Responding on behalf
of the Committee, a Deputy Director in the Ministry, Dr. Sanjo
Faniron, said the Committee would put in its best to ensure
adequate preparation and a successful hosting of the meeting.
The last edition of
the Inter-Governmental Committee of Experts and Senior Officials
meeting was held in Robersfield, Republic of Liberia, in 2019.
Victoria Agba-Attah
D(Information) BNP
14/08/2020