Deloitte

Portuguese Corruption Trial Snares Angola’s Vice President

24 de February de 2017 D. Quaresma dos Santos

The net is closing around Angola’s Vice-President, Manuel Vicente, the former CEO of the country’s oil giant Sonangol and a man long accused of being a conduit for the diversion of oil revenues into international business deals linked to the Angolan President, his family and close associates. He faces charges in connection with the alleged suborning of a Portuguese prosecutor. Orlando Figueira, in 2013 to set aside an investigation into money-laundering involving the purchase of a US $4 million luxury apartment in Lisbon. Both the prosecutor and Vicente’s lawyer, Paulo Blanco, have also been indicted on charges of violating court confidentiality regarding the investigation into the Angolan subsidiary (BESA) of the Banco de Espirito Santo (BES), which collapsed in 2014. If proven, then by suborning the prosecutor, the Angolans succeeded in interfering with the course of justice in Portugal to prevent any prosecution in the BESA investigation which, by unravelling […]

Deloitte Angola: Auditing and Conflict of Interest

18 de May de 2012 Rafael Marques de Morais

Elections in Angola are only three months away. More attention needs to be given to how they will be carried out, if the processes of voting and counting are to respect the will of the people. In order for citizens to be better informed, the electoral process deserves a deeper and more independent discussion, one which goes beyond official statements and the claims of the opposition. The most recent and significant event in the run-up to elections has to do with the Territorial Administration Ministry’s (MAT) handing over of the Electoral Register Central Database (FICRE) to the National Electoral Commission (CNE) on 15 May. FICRE contains the details of more than 9.7 million voters. According to the Law on General Elections, the transfer of custody and management of FICRE, which contains all the data related to the electoral process, “is preceded by an audit to be performed by an independent […]