Angola ex-president defends son over embezzlement charge

The former president of the Sovereign Fund of Angola, Jose Filomeno 'Zenu' dos Santos, son of Angola's former President Jose Eduardo dos Santos, waits for the beginning of his trial for embezzlement and money laundering at the Supreme Court Criminal Chamber in Luanda, Angola, 09 December 2019. Picture: EPA-EFE / AMPE ROGERIO

Jose Eduardo dos Santos’ family are in the spotlight after his billionaire daughter was indicted in Angola last month for a host of high-level financial crimes in the oil-rich nation. The four defendants are accused of transferring the funds to a Swiss bank during the dos Santos presidency, in a case that has rocked the powerful former first family.

“The actions were carried out for the country’s economic situation… not in the personal interest of the people who executed it,” he added in the statement dated February 6. In all, Zenu is accused of trying to steal as much as $1.5 billion during his 2013-2018 stewardship of Angola’s sovereign fund.

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