Mon, 13 Jan 2020 16:55 - Updated Mon, 13 Jan 2020 18:41
'Zenu' dos Santos trial resumes Tuesday
Luanda - The trial of former Angolan Sovereign Wealth Fund chairperson, Jose Filomeno dos Santos "Zenu" resumes Tuesday (14) in the Supreme Court Criminal Chamber.
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frontal view of Justice Palace, building that hosts the Supreme Court (file)
Photo: Francisco Miúdo
After suspension during the festive season, the trial will continue in the proof production phase with the hearing, as witnesses, of former Finance Minister Archer Mangueira and the Governor of the National Bank of Angola (BNA), José de Lima Massano.
As witnesses may also be heard at the same session, the Deputy Director of the BNA Legal Office, Álvaro Pereira, and the Economic Advisor to the former BNA Governor, João dos Santos Ebo.
Zenu dos Santos is accused of money laundering and embezzlement. In the same case, defendants are also Valter Filipe Duarte da Silva, former BNA Governor, Jorge Gaudens Pontes Sebastião and António Samalia Bule Manuel.
Underlying the lawsuit is an alleged illegal transfer of US $ 500 million from BNA to an account on Credit Suisse in London, England.
The transfer was a kind of advance payment to a company set up 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 the use of Mais Financial Services, S.A., as an instrument of action.
- 21/12/2019 12:35:25
Luanda - Valter Filipe, the defendant in the USD 500 million embezzlement trial, stated last Friday in court that he is being a target of death threats from unknown people.
- 20/12/2019 10:28:16
Luanda - The former governor of the National Reserve Bank of Angola (BNA), Valter Filipe, said on Thursday in court that the former Finance minister, Archer Mangueira, made false statements during the preparatory phase of the criminal lawsuit.
- 10/12/2019 18:39:33
Luanda - Valter Filipe, former governor of the Central Bank of Angola, defendant implicated in the "500 million" case remains hospitalized.