Pressure mounts over USD 500 million case

Luanda – The deputy-Attorney General, Mota Liz, said on Thursday in Luanda, that the pressure has mounted in the process concerning the illegal transfer of USD 500 million from the Angolan National Bank (BNA) to an account of the Credit Suisse in London, (UK).

According to the official, who was speaking on the fringes of the conference on Impunity and Corruption: interdisciplinary dialogue run under the celebration of 22nd anniversary of the Angolan Bar Association (OAA), said the pressure results from the shortage of staff in the face of the number of similar cases.

The deputy attorney general said that this is one of the complex cases that involved the absolute dedication of the prosecutors in the investigation of the case.

The case dates to a transfer made in 2017, in which the former BNA governor, Valter Filipe and the ex- CEO of the Angolan Sovereign Fund, Jose Filomeno dos Santos are being accused.

Speaking at Angola National Radio, the magistrate said the case was kept during a reasonable time in the prosecution for procedural instructions and after that it was submitted to the Supreme Court.

The referred amount of money was transferred under the pretext that it would guarantee an alleged USD 30 million financing in the favor of the Angolan State, however such was never fulfilled.

At least nine respondents were heard and home and office searches were carried out, as well as documents and other objects linked to the alleged offense, amongst computers, pen drives, among others, to extract elements connected to the crime.

Mota Liz did not confirm the information on social networks regarding sentences of up to 20 years in prison for the two defendants.

Source: Angola Press News Agency