Missing $500 million returned to Angolan central bank

Finance ministry attempts to set the record straight over alleged fraud

angola-web

Angola’s finance ministry has confirmed the $500 million transferred to a London-based bank in an alleged fraud has been returned to the National Bank of Angola (BNA).

In a statement published on April 9, the ministry attempted to set the record straight regarding the illegal transfer of funds, following wide media coverage.

In January 2017, José Filomeno dos Santos, the son of Angola’s former president, José Eduardo dos Santos, was formally accused of channelling $500 million from an account

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