Saturday, August 15, 2020

Saturday, August 15, 2020
Angola’s Supreme Court on Friday 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 court in December over allegations he tried to embezzle up to $1.5 billion (1.3 billion euros) from the sovereign wealth fund, which he oversaw via IFTTT

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