When Conflicts of Interest Go Unpunished

Why does the Angolan President’s Minister of State and Head of the Intelligence Bureau have a side job as a managing director in Macau, China, in direct contravention of the Angolan Constitution which specifically prohibits such conflict of interest? Documentary proof sent to Maka Angola shows that General Manuel Hélder Vieira Dias Júnior “Kopelipa”, and his wife Luísa de Fátima Geovetty, set up a private company named Baía Consulting Limited based on the 7th floor of the Lun Pong Building at No. 763 Avenida da Praia Grande, in Macau on January 26 this year. The couple are registered as equal partners in the business and also as managers. On the very same day that the company was registered, the General and his wife, issued a power of attorney to the Macau-based lawyer, Barry Shu Mun Cheong, who also happens to own the office where Baía is based. This power of […]

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Brewing Discontent Within the Intelligence and Security Services

Operatives from the State Intelligence and Security Service (SINSE) recently addressed a letter to President José Eduardo dos Santos, in which it gave an account of the increasing levels of discouragement among their ranks, due to a lack of leadership and poor working conditions. SINSE has a budget of KZ 66.6 billion (US$695 million) for the current year. Funds were also fairly generous in previous years. However, the distribution of much of these funds remains a mystery to the operatives. In the confidential correspondence sent to the President, SINSE operatives request that José Eduardo dos Santos agrees to attend a meeting with them, so that they can explain their grievances and the institutional impediments preventing them from doing their work. In advance, SINSE officials reveal that the current head of the institution, Sebastião Martins, rarely comes to the office, and when he does, he lacks motivation and authority. Last October, […]

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Trafigura and the Angolan Presidential Mafia

In two years of operations in Angola, Pumangol has become a leading player in the marketing of Angolan oil, as well as in the distribution of oil products in the country. This company is a joint venture between multinational Puma Energy, a subsidiary of Swiss based company Trafigura, and its Angolan counterpart Cochan. In August 2010, President José Eduardo dos Santos authorized a total of five investment contracts worth US$ 931 million, by multinational Puma Energy and its Angolan partner Cochan. In  a country ranked among the 15 worst in the world to do business, the rapid success of Trafigura and its subsidiary Pumangol  is, by its own right, a case study and one for an in-depth investigation into its dealings with the presidential inner circle. The Geneva-based company benefits of a swap contract with Sonangol. Trafigura receives Angolan crude oil (in unknown quantities) in exchange for delivering all petroleum […]

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