Angolan Minister Faces Investigation over Real Estate Deal
Angola’s Attorney-General has been asked to open an immediate criminal investigation into a multi-million-dollar real estate deal involving the Angolan Transport Minister and a close friend. It is alleged the deal not only violated the Law on Public Probity but may also have involved a conspiracy to defraud the government of tens of millions of dollars. Maka Angola‘s Rafael Marques reports on a burgeoning scandal. In September 2021, the office of the President of Angola issued Decree 159/21 authorizing the purchase of two privately-owned buildings (the Welwitschia Business Centre and the Chicala) in the capital, Luanda, at a total cost of 114 million US dollars to provide office space for the Ministry of Transport and a Regulatory Agency. A subsequent investigation by Rafael Marques of Maka Angola, has reported to the Attorney-General’s Office allegations that a) the buildings, which include luxury penthouse residential space, were not fit for the purpose […]
Read more