Angolan Vice-President Vicente’s Illegal Business Role

Angolan Vice-President Manuel Vicente is facing a criminal complaint over business dealings that are allegedly contrary to Angolan laws that govern the private affairs of the highest government officials. The case, brought by journalist and human rights defender Rafael Marques de Morais, refers in particular to Vicente’s role in China Sonangol International Holding, a majority Chinese-owned private company. Marques presented the complaint to the Angolan Attorney General on Thursday, August 8. The complaint calls on the authorities to initiate impeachment proceedings against Vicente. It cites Article 138 of the Angolan Constitution, which states that positions of Ministers of State, Ministers, Secretaries of State and Deputy Ministers are incompatible with “any administrative functions, management or any corporate position in companies and other purposes of an economic nature.” The complainant told Maka Angola that Manuel Vicente’s involvement with Chinese interests at a time when he was already vice-president-elect would cause him to […]

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Sonangol Pays The Vice-President For His Private Maids’ Wages

The Angolan state oil company, Sonangol, pays the wages of the maids and housekeepers working at the private homes of Vice-President Manuel Vicente. Vicente, who was chairman of the board and CEO of Sonangol before entering politics, continues to receive the sum of US $ 43,212 each year from Sonangol for the payment of his maids. In January 2012, President José Eduardo dos Santos relieved Manuel Vicente of his duties at Sonangol and appointed him to the Ministry of Economic Coordination, with the rank of Minister of State. The ministry, created especially to accommodate Manuel Vicente, was abolished with his promotion to vice president in September 2012. Manuel Vicente, in addition to the perks and benefits attached to the post of vice president, is one of the richest men in Africa. The business empire that he shares with generals Manuel Hélder Vieira Dias Júnior “Kopelipa” and Leopoldino Fragoso do Nascimento, frontman […]

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Dos Santos’ Son Shapes His Own Government

Speculation has been growing during the last few months on how José Filomeno dos Santos “Zenú”, one of the sons of Angolan President José Eduardo dos Santos “Zedú”, is being positioned as his successor to the presidency. What is not common knowledge is how Zenú has already been participating in the current management of government affairs. A recent example was the appointment, on May 6, of Armando Manuel, then economic advisor to President Zedú and chairman of the Angola Sovereign Wealth Fund, to the post of Finance minister. Initially, Zenú suggested to his father that Armando Manuel be considered for the position of chairman of the board of directors of Sonangol, the national oil company. Sources at the presidency told Maka Angola that José Eduardo dos Santos declined the request. He pointed out to his son the lack of technical capacity and political ability of Armando Manuel to manage the […]

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Goats Tethering at Sonangol

For Christmas gifts to its board of directors, the National Oil Company Sonangol allocated a total budget of US $2.2 million. Watches, luggage and other extravagant accessories by luxury brands such as Cartier, Hermès, Louis Vuitton and Gucci, among others, were part of the range of gifts that the seven executive and four non-executive board members had at their disposal. These gifts were to be exchanged between them, and to be used to reward selected members of the government. Besides the CEO of Sonangol, Francisco de Lemos José Maria, the other executive directors are Anabela de Brito Fonseca, Baptista Sumbe, Fernando Roberto, Sebastião Gaspar Martins, Mateus Morais de Brito and Raquel David Vunge. The non-executive directors are Albina Assis Africano, André Lello, José Gime and José Paiva. When all is added up, each director had US $250,000 to spend on luxury goods. Local analysts welcomed the appointment of Francisco de […]

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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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Low Batteries for Manuel Vicente in Malanje

By Ezequiel Fragoso   The campaign speech in Malanje August 11 by the MPLA’s vice-presidential candidate, Manuel Vicente, bore little relation to reality and found little favour with local MPLA activists. For several days, Angolan National Radio’s provincial outlet announced that more than 100,000 MPLA activists and friends of the party had been mobilised to attend Manuel Vicente’s rally on Saturday, at the former party’s fair in the Catepa neighbourhood of Malanje city. To accommodate the large crowd, the Malanje municipal administration demolished, last week, ten classrooms attached to the Feira Primary School. The provincial director of Education, Gabriel Alexandre Boaventura, told the press that the demolition was part of a previous project that “is in line with our plans since the beginning of the year”. The pupils are currently having a break from school because of the electoral period. Boaventura promised that another school, Patrice Lumumba, would be renovated […]

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Executive Jets for Manuel Vicente’s Wine

Carlos Duarte: The vice-presidential candidate, Manuel Vicente has expensive taste in fine wines and cognacs. From time to time, Manuel Vicente sends an executive jet to France and Portugal (the luxurious Falcon-900 or the sophisticated Falcon X-7) for the exclusive transportation of wine and cognac for his personal consumption. The flights are operated by VipAir, a company part owned by Sonangol, and no passengers are allowed to travel on those flights. Some recent examples highlight how the current minister of State for Economic Coordination and probable successor to José Eduardo dos Santos at the presidency of the republic and the MPLA, is completely indifferent to the living conditions of the majority of Angolan citizens, who don’t even have access to clean drinking water. In Paris, the crew of the Falcon-900, on a mission to collect wine and cognac for Manuel Vicente, was not allowed to transport a second VipAir crew […]

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The Next Vice President and the Legalization of Corruption

Manuel Vicente’s nomination as president José Eduardo dos Santos’ running mate in the upcoming August 31 election comes as no surprise. The former Sonangol Chairman had long been expected to take the number two spot on the candidates’ list of the incumbent Popular Movement for the Liberation of Angola (MPLA) and thus walk into the job of Vice President when, as it is almost certain, the party wins the ballot. What is baffling though about Mr. Vicente – who in January was plucked from Sonangol and appointed Minister of State for Economic Co-ordination – is the way in which he appears to be interpreting the laws of the country, most especially those regarding corruption. In 2010, this author published a report titled “Presidency: The Epicentre of Corruption in Angola” in which it claimed Mr. Vicente and two other senior officials at the presidency were allegedly involved with illegal private business […]

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BAI: The Regime’s Banking Laundromat

In recent years, the Angolan financial market has been led by Banco Africano de Investimentos – BAI (African Investment Bank), a banking institution previously named Banco Angolano de Investimentos (Angolan Investment Bank). To a certain extent, the shareholding structure of the bank reflects its success as well as the institutionalization of public assets’ transfer to public officials, for their illicit enrichment. Praised at US $8 billion, BAI currently holds a portfolio of deposits and credits estimated, by the Angolan National Bank, at US $10.4 billion and US $3.2 billion, respectively. At its inception, in 1996, Sonangol was BAI’s main investor, with 18.5 percent of its shares. Over the years, Sonangol quietly transferred 10 percent of its shares to the private ownership of high-ranking officials, besides the ones who, from the start, already owned considerable shares of the banks stock. By way of illustration, the table below shows only the list […]

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Manuel Vicente: Transparently Corrupt

By Ana Silva   The scheduling of Election Day on August 31 casts a new light on the recent press conference that presented the Performance Report on Executive Activity for the first quarter of 2012. Manuel Vicente, Minister of State for Economic Coordination, lavished detailed praise on the government’s economic advances during his presentation to the media. He referred to newly constructed factories, schools and social housing, as well as investments in transportation infrastructure, and highlighted the launch of provincial radio broadcasters and regional television stations. The minister’s account may have led casual observers to believe that Angola is enjoying a period of true social and economic progress. The country’s economic growth is unequalled, thanks above all to the rise in oil production and prices on the international market. Yet the scene that Vicente described left out the vast majority of Angola’s population, which continues to live in abject misery, […]

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