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By Stephen Eisenhammer LUANDA (Reuters) – Angola’s sovereign wealth fund has applied to a UK court to order banks to reveal information, another move in its dispute with its former boss, the son of long-serving ex-leader Jose Eduardo dos Santos, and the asset managers hired under him. President Joao Lourenco, who took over when dos…
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BY AFP The son of Angola’s former president Jose Eduardo dos Santos planned to siphon off $1.5 billion when he ran the oil-rich country’s sovereign wealth fund, the finance ministry said Monday. The figure is three times higher than an initial sum illegally transferred to a London bank. Jose Filomeno dos Santos is accused of…
![](https://friendsofangola.org/wp-content/uploads/2018/01/Filomeno0-480x360.jpeg)
By Henrique Almeida and Candido Mendes Angolan President Joao Lourenco dismissed the son of his predecessor Jose Eduardo dos Santos as chairman of the country’s $5 billion sovereign wealth fund, further loosening the grip of the Dos Santos family on key areas of state. Lourenco fired Jose Filomeno dos Santos and the entire board of…