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Son of Angola’s ex-president sentenced to 5 years jail for $500 million graft

Son of Angola’s ex-president sentenced to 5 years jail for $500 million graft

A court in Luanda sentenced the son of former Angolan president Eduardo Dos Santos to five years in prison over a $500 million corruption case, according to the Portuguese news agency Lusa. Jose Filomeno de dos Santos, the former head of Angola's $5 billion sovereign wealth fund, was found guilty, along with three other defendants, of transferring the money to a Credit Suisse account in London. His trial has been the most high profile case to date under the anti-corruption drive of President Joao Lourenco, who took the helm after dos Santos stepped down in 2017 after a near four-decade…
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