Tag: United Kingdom

The Angolan Sovereign Fund and the Arch-Fraudster

When historians come to write the unexpurgated story of corruption in Angola, the chapter on how dual Swiss-Angolan national Jean-Claude Bastos de Morais enriched himself from the Angolan Sovereign Fund is sure to be a page-turner. Bastos de Morais is the silent partner of the former Sovereign Fund’s chairman, José Filomeno dos Santos (Zenú), the hitherto-untouchable son of former President José Eduardo dos Santos who turned Angola into a kleptocracy during 38 years in power. The US $5 billion Sovereign Fund was created to stimulate economic diversity – a hedge against the future when Angola’s rich oil reserves run out. Zenú and his buddy Jean-Claude are alleged to have treated the Sovereign Fund as their personal piggy bank and both face charges of fraud and money-laundering. Zenú’s father used also set up the Angolan Venture Capital Fund (in Portuguese: Fundo Activo de Capital de Risco Angolano, FACRA) in 2012. Under […]

Read more

Ex-President dos Santos and His Son’s Billion-Dollar Scam

Before agreeing to step aside after 38 years in power, Angola’s former President, José Eduardo dos Santos, made sure he obtained guarantees of permanent immunity from prosecution for any crimes committed during his time in office. For Angola’s ruling party MPLA and lawmakers, it was a pragmatic necessity: how else could Dos Santos be persuaded to step aside? The man had an international reputation as one of Africa’s most zealous kleptocrats, using his position to enrich himself and his extended family. Six months on, however, a complex international investigation into an attempted US $1.5 billion fraud involving his son José Filomeno dos Santos “Zenú” has put Angolans openly discussing whether the Dos Santos family en masse should have those immunity guarantees removed. His son is firmly in the sights of criminal investigators who have documentary evidence that it was his father who oversaw the attempted scam. The Weakest Link As […]

Read more

Angolan Central Bank US $500 Million Swindle Foiled

The latest episode in the long-running saga of the alleged plunder of Angola’s public coffers has just come to light. Thanks to the diligence of British financial watchdogs and a change of regime in Angola, what is alleged to have been an attempt by the former President’s son to divert US $500 million, with his father’s blessing, looks to have been halted at the eleventh hour. Full details of the alleged fraud have yet to be revealed, but information confirmed by separate sources indicates that the new Angolan President João Lourenço has taken steps to reclaim the funds which have been frozen pending the outcome of an international investigation. A spokesman for the UK’s National Crime Agency told us: “We can confirm that the NCA’s International Corruption Unit is investigating a case of potential fraud against the Angolan government.” The NCA spokesman said they could not provide any further details […]

Read more

Police Use Lethal Force to Repress Diamond-Area Protest

Reports from the diamond-rich province of Lunda Norte in north-eastern Angola say police opened fire without warning on peaceful demonstrations by separatists on Sunday, killing one bystander and wounding others. Protest marches in the region had been organized by a banned political organization, the ‘Movimento do Protectorado Lunda-Tchokwé’ (MPL-T, Movement for the Lunda-Tchokwé Protectorate), which advocates independence for the Tchokwé peoples who live in the former ancient kingdom of the Lundas. The separatists have argued for a measure of autonomy, similar to that accorded to Scotland within the United Kingdom. Insiders say the MPL-T wrote to Angola’s President José Eduardo dos Santos earlier this month to ask for dialogue and for permission to hold a public demonstration. It appears that no march permit was sought from the local authorities. Up to a thousand supporters are said to have turned out in the town of Luzamba at 7am with the aim […]

Read more

Jimmy Mubenga’s Death

By Lara Pawson   An Angolan man was unlawfully killed while being deported from Britain to Angola on October 12, 2010, a jury in London has found yesterday. The jury said that 46 year-old Jimmy Kelenda Mubenga suffered a cardio-respiratory collapse as a result of restraint by three G4S security guards on board a British Airways aircraft at Heathrow airport. In their verdict, which took four days of deliberations, the jury found that, “Mr Mubenga was pushed or held down by one or more of the guards causing his breathing to be impeded. We find they were using unreasonable force and acting in an unlawful manner. The fact that Mr Mubenga was pushed or held down, or a combination of the two, was a significant, that is more than minimal, cause of death.” “We believe the guards would have known that their actions would have caused Mr Mubenga harm if […]

Read more