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Angola jails former minister over corruption


Former Angolan minister Manuel Rabelais was sentenced Monday to 14 years in prison on corruption charges, becoming the second ex-minister put behind bars since Joao Lourenço took power in 2017.
The Angolan president succeeded Jose Eduardo dos Santos, who had held onto power for 38 years. Shortly after his election, Lourenço launched a massive anti-corruption campaign against those close to his predecessor, including his children.
President Dos Santos had appointed close friends and family members to key positions during his corruption-ridden reign.
Manuel Rabelais, a former communications minister under the previous regime, was arrested in October 2020 and convicted by the Luanda Supreme Court of money laundering and misappropriation of public funds. ....

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Angola moves to seize Isabel Dos Santos' share in Portuguese oil company


Angola moves to seize Isabel Dos Santos’ share in Portuguese oil company
By Reuters
By Noah Browning
London - Angola has asked a Dutch court to hand over a half-billion-dollar stake in the Portuguese oil company Galp linked to ex-first daughter Isabel Dos Santos, its lawyers told Reuters.
Angola s government says top officials under former president Jose Eduardo dos Santos took advantage of high oil prices in the last decade to spin a global web of business deals that led to their personal enrichment at the country s expense.
Battered by Covid-19 economic fallout and mired in foreign debt, Angola is seeking to recover assets it says were siphoned off. ....

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Angola moves to seize Dos Santos-linked asset in Dutch court


Dos Santos briefly ran state oil company Sonangol from 2016 until 2017, when her father’s four-decade rule ended.
Representatives for Isabel dos Santos, who lives outside Angola, did not reply to a Reuters request for comment.
She has denied any connection to the holding company at the centre of the case - Exem - which she says was owned by her late husband, rejects charges of wrongdoing and says she faces a political witch hunt by Angola’s new leadership.
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Representatives of Exem did not reply to a request for comment. Dutch law firm Van Doorne, which represents Exem in the lawsuit, also did not respond to a request for comment. ....

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