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Tag Archives: Angola

Son of former Angolan president sentenced to jail for $1.5 billion fraud 

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 attempting to transfer $1.5 billion into a private Swiss bank account from the sovereign wealth fund – which he oversaw for 5 years …

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