“ZenA�” dos Santos trial begins September 25th

Luanda – The trial of former Angolan Sovereign Wealth Fund chairperson Jose Filomeno dos Santos “ZenA�”, starts on 25 September in the Supreme Court Criminal Chamber.

According to a note from that court to which ANGOP had access today (Friday), “ZenA�” will be tried for crimes of money laundering and embezzlement, in a case that are also accused the former governor of the BNA, Valter Filipe, Jorge Gaudens Pontes SebastiAPound o and Antonio Samalia Bule Manuel.

The defendants are implicated in the illegal transfer of US $ 500 million from the National Bank of Angola (BNA) to an account at Credit Suisse of London, England.

The transfer was a kind of advance payment to a company established by the defendants to set up a USD 30 billion financing operation for Angola.

The plan was based on the constitution of a supposed Strategic Investment Fund and on the use of Mais Financial Services, S.A. as an instrument of action.

Source: Angola Press News Agency

“ZenA�” dos Santos trial begins September 25th

Luanda – The trial of former Angolan Sovereign Wealth Fund chairperson Jose Filomeno dos Santos “ZenA�”, starts on 25 September in the Supreme Court Criminal Chamber.

According to a note from that court to which ANGOP had access today (Friday), “ZenA�” will be tried for crimes of money laundering and embezzlement, in a case that are also accused the former governor of the BNA, Valter Filipe, Jorge Gaudens Pontes SebastiAPound o and Antonio Samalia Bule Manuel.

The defendants are implicated in the illegal transfer of US $ 500 million from the National Bank of Angola (BNA) to an account at Credit Suisse of London, England.

The transfer was a kind of advance payment to a company established by the defendants to set up a USD 30 billion financing operation for Angola.

The plan was based on the constitution of a supposed Strategic Investment Fund and on the use of Mais Financial Services, S.A. as an instrument of action.

Source: Angola Press News Agency