ANGOLA Issue dated 29/03/2021

Luanda keeps at São Vicente after Swiss court orders partial asset thaw

Luanda intends to pursue embezzlement and money laundering proceedings against Angolan businessman Carlos de São Vicente, despite the Swiss courts' recent decision to invalidate part the seizure of part of his assets, worth over $900m. The proceedings have led to tension within the MPLA, between Lourenço and the family of the country's first president. [...] (508 words)
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