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Angola sacks ex-president son $5bn wealth fund

Thursday, January 11, 2018

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The president of Angola, João Lourenço, has sacked the son of his predecessor José Eduardo dos Santos as head of the country's sovereign wealth fund.

José Filomeno dos Santos was removed months after a BBC investigation.

The $5bn (£3.7bn) fund has been mired in controversy since its 2011 launch.

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Angola sacks ex-president son $5bn wealth fund

The president of Angola, João Lourenço, has sacked the son of his predecessor José Eduardo dos Santos as head of the country's sovereign wealth fund.

Stanbic pretax profits up 11%

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Faulty gadgets top complaints to BOCRA

Civil Society fights 'flawed' constitutional amendment

Civil Society calls for Constitution review governing Act

IEC rejects 2,513 registrations

Motshegwa prevails against detractors

Serowe woman ingests acid, attempts suicide

Inspect the voters' roll!