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The son of the former President of Angola was sentenced to five years in prison for embezzlement of 425 million euros

The Angolan Supreme Court has sentenced José Filomeno dos Santos ‘Zenu’, the son of the country’s former president, José Eduardo dos Santos, to five years in prison for fraud and embezzlement for embroiled in a money laundering corruption scandal. 500 million dollars (425 million euros) from the national state fund that he manages.

Together with him, the former governor of the National Bank of Angola, Valter Filipe da Silva, was sentenced to eight years in prison at the end of the trial in the capital of the country, according to the judge of the Supreme Court, Joao Pitra. Luanda and collected by the news portal ‘Novo Jornal’.

‘Zenu’ headed the so-called Sovereign Fund of Angola (FSDEA) for years under the command of his father, who remained in power for almost 40 years.

The son of the former President of Angola was sentenced to five years in prison for embezzlement of 425 million euros
The son of the former President of Angola was sentenced to five years in prison for embezzlement of 425 million euros

The scandal came in 2017 as the veteran president was preparing to be impeached. That year, ‘Zenu’ dos Santos was involved in an illegal transfer of $ 500 million from the country’s central bank to the London branch of a Swiss donor.

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