Angola issues USD 3 billion bonds
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Angola’s president, João Lourenço, has assured his counterpart in the Democratic Republic of Congo that his government does not interfere in justice, at a meeting at which they discussed the consequences of the seizure of assets of Isabel dos Santos, daughter of his predecessor, José Eduardo dos Santos, and Africa’s richest women.
According to a note from the Angolan president’s office, released after Lourenço’s meeting with Félix Tshisekedi in Benguela on Sunday, the two heads of state took the opportunity to talk about the fight against corruption and to review the consequences of the 30 December decision by the Luanda provincial court to order the seizure of personal bank accounts of Isabel dos Santos and her husband, Sindika Dokolo (DRC national), as well as nine companies in which she holds stakes.
The note states that “the heads of state considered that there was great magnanimity on the part of the Angolan state” in establishing a period of six months for the repatriation of funds illegally held abroad – “an opportunity [that was] not taken advantage” by the deadline.
“They also considered that, after the end of this grace period, the Angolan State, in defending the interests of the injured, Angolans, has every legitimacy to trigger legal, judicial, diplomatic and other means it deems necessary in order to ensure the effective repatriation of capital illegally placed outside the country and to provide for the recovery of goods on national territory,” the note continues.
During their meeting, the two presidents “stressed that the best way for those targeted will be the utmost collaboration with the competent authorities of the State and with Angolan justice,” the note says. With that in mind, it goes on, Lourenço called for international cooperation “to support the effort to combat corruption and impunity in Angola” and stressed to his DRC counterpart that Angola observes the separation of powers, in that “the executive does not interfere with the action of justice.”.
The heads of state also discussed oil exploration in the Common Interest Zone (ZIC)of the two countries and agreed that expert teams would meet soon to meet establish the schedule of actions necessary for the implementation of a joint project.Source: Macau Business
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