INTERNATIONAL - Angola’s state prosecutor arrested the son of
former President Jose Eduardo dos Santos over the alleged illegal transfer of
$500 million (R7.1 billion) from state coffers to a Swiss bank account.
Jose Filomeno dos
Santos’s detention marks the latest step by President Joao Lourenco to tackle
graft and dismantle the influence of his predecessor, whose four-decade rule
left Angola one of the world’s most corrupt nations. Since coming to power in
September, Lourenco has dismissed Dos Santos’ daughter Isabel as chairwoman of
state oil producer Sonangol and fired Jose Filomeno as head of the country’s $5
billion sovereign wealth fund.
Jose Filomeno, who’s accused of crimes related to his management of the fund
including money laundering, has been placed under preventive detention, the
state prosecutor’s office said in a statement emailed Monday from the capital,
Luanda. His friend and business partner, Jean Claude Bastos de Morais, also was
arrested on similar charges, it said.
“The evidence
gathered resulted in sufficient indications that the defendants have been
involved in practices of various crimes including criminal associations,
receipt of undue advantage, corruption, participation in unlawful business,
money laundering, embezzlement, fraud among others,” the office said.
Calls to Jose
Filomeno’s lawyer, Benja Satula, didn’t connect when Bloomberg sought comment.
Calls to Bastos de Morais’s office weren’t answered.