Angola pleads for help to claw back assets lost to corruption | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 51 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 86%

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

LONDON, Jan 22 — Angola is seeking other countries' help to recover state funds lost because of corruption, Minister of State for Economic Coordination Manuel Jose Nunes Junior said yesterday. Angolan President Joao Lourenco said on taking office in 2017 that he would crack down on graft and...

Angolan authorities have seized domestic assets of former first daughter Isabel dos Santos . — Reuters pic

“We are activating all the legal, judicial and diplomatic measures to ensure the repatriation of those resources,” Nunes Junior said at Chatham House think tank in London.“We are requesting international cooperation to support this process, to help us look into the cases of corruption we already identified or the ones we have not found yet,” he said.

Dos Santos and her husband have denied wrongdoing. Dos Santos has told Reuters the allegations against her are"completely unfounded" and accused the authorities of a “witch hunt.” Angola's minister of mineral resources and petroleum, Diamantino Azevedo, added that his country had enlisted the help of international accounting group Deloitte to list 30 per cent of Sonangol in the next two years after slashing its non-core businesses, which he called an “octopus.”Nunes Junior said the government was pushing for more transparency in foreign exchange markets and would let the kwanza currency find its level in the market.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Zuraida: Pengerang to become smart city in five years | Malay MailPUTRAJAYA, Jan 20 — Pengerang in Johor has been targeted to become a smart city in five years, said Housing and Local Government Minister Zuraida Kamaruddin. She said a 121-hectare (ha) area in the south of the district had been set aside as a smart city zone whereby its early development must...
Source: malaymail - 🏆 1. / 86 Read more »

Influenza: Selangor still has highest number of cases among schoolchildren | Malay MailKUALA LUMPUR, Jan 20 — Selangor still has the highest number of schoolchildren infected with influenza, with 863 cases of Influenza A and H1N1 recorded to date. Selangor State Education Director Mahanom Mat Sam said the cases were recorded in 278 schools involving 10 locations. She said the...
Source: malaymail - 🏆 1. / 86 Read more »

Capitalism seen doing ‘more harm than good’ in global survey | Malay MailLONDON, Jan 20 — A majority of people around the world believe capitalism in its current form is doing more harm than good, a survey found ahead of this week’s Davos meeting of business and political leaders. This year was the first time the “Edelman Trust Barometer”, which for two decades...
Source: malaymail - 🏆 1. / 86 Read more »

Food programme recipients grateful for free school meal | Malay MailKUALA LUMPUR, Jan 20 — To many schoolchildren, starting the day with a hearty breakfast before going to school have long being taken for granted. Thus it came as a shock for the most obese country in Asia, that thousands of children are going to school on empty stomachs. However, things are... Just don't cause food poisoning then all will be fine. Initially you tasted it nice and wait till later stage, let's know how is the deliciousness and its edibleness. Don't praise too early. And why is this any different from the previous program called Rancangan Makanan Tambahan (RMT) which I was taking care of as a teacher in school all those years ago?
Source: malaymail - 🏆 1. / 86 Read more »

Facebook post of police and people pushing a stalled bus wins online praise | Malay MailKUALA LUMPUR, Jan 20 — You seldom see police and the people work hand in hand. But on Saturday, the scene of people helping the police to push a stalled bus to the side of the road has won praise from social media users. In a post shared by Johor Baru Utara district police on its Facebook page,...
Source: malaymail - 🏆 1. / 86 Read more »

5G technology is safe, says GSMA | Malay MailLANGKAWI, Jan 20 — There are no studies or solid evidence showing that the use of fifth-generation (5G) technology can be detrimental to health as claimed by certain parties. Global System for Mobile Communications Association’s (GSMA) senior director for Research and Sustainability, Dr Jack...
Source: malaymail - 🏆 1. / 86 Read more »