Angola is seeking other countries' help to recover state funds lost because...
LONDON - Angola is seeking other countries’ help to recover state funds lost because of corruption, Minister of State for Economic Coordination Manuel Jose Nunes Junior said on Tuesday.
“We are activating all the legal, judicial and diplomatic measures to ensure the repatriation of those resources,” Nunes Junior said at Chatham House think tank in London.“We are requesting international cooperation to support this process, to help us look into the cases of corruption we already identified or the ones we have not found yet,” he said.
Dos Santos and her husband have denied wrongdoing. Dos Santos has told Reuters the allegations against her are “completely unfounded” and accused the authorities of a “witch hunt”. Angola’s minister of mineral resources and petroleum, Diamantino Azevedo, added that his country had enlisted the help of international accounting group Deloitte to list 30% of Sonangol in the next two years after slashing its non-core businesses, which he called an “octopus”.Nunes Junior said the government was pushing for more transparency in foreign exchange markets and would let the kwanza currency find its level in the market.
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