₦airaland Forum

Angola's Supreme Court has handed a five-year jail sentence to Jose Filomeno dos Santos, the son of the oil-rich country's former president, for fraud when he headed the national sovereign wealth fund.

Dos Santos, 42, was summoned before the court in December over allegations he tried to embezzle up to $1.5 bn from the sovereign wealth fund, which he oversaw from 2013 to 2018.

Nicknamed "Zenu", dos Santos, son of ex-President Jose Eduardo dos Santos, was charged with stealing $500m from the fund and transferring it to a Swiss bank account.

"For the crime of fraud ... and for the crime of peddling influence ... the legal cumulus condemns him to a single sentence of five years in prison," judge Joao da Cruz Pitra said on Friday. Read on

https://www.mazechmedia.com/2020/08/son-of-former-angolan-president-sentenced-to-5-years-in-prison-for-500-million-fraud/
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5yrs in prison is not good enough if he's not going to return every cent of that $500M he embezzled.

why jain him for doing what he was brought up to do... you see in Africa kwaropshan is what makes us who we are ....


a backward minded lot


so free him please ...and free hush too

thesicilian:
5yrs in prison is not good enough if he's not going to return every cent of that $500M he embezzled.

I concur, that's not justice,he should return all that's left and he's estate confiscated and auctioned.

thesicilian:
5yrs in prison is not good enough if he's not going to return every cent of that $500M he embezzled.

I concur!!