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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