Ex-president’s son bags 5-years in jail for $500m fraud
The Supreme Court in Angola has handed a five-year jail sentence to Jose Filomeno dos Santos, the son of the country’s former president, for $500m fraud.
He was later charged with stealing $500m from the fund and transferring it to a bank account in Switzerland.
His father, José Eduardo dos Santos, led the country for 38 years. He was president from 1979 until he resigned in 2017, and was replaced by his former defence minister, Joao Lourenço.
On Friday August 14, judge Joao da Cruz Pitra jailed Jose Filomeno dos Santos, also known as Zenu, for five years.
“For the crime of fraud … and for the crime of peddling influence … the legal cumulus condemns him to a single sentence of five years in prison,” judge Joao da Cruz Pitra said.