The UAE usually ignores foreign requests for judicial cooperation regarding its offshore hubs but has bent over backwards to accommodate Angola's investigations into the family of former president José Eduardo dos Santos. By doing so, the Emirates are not only forging stronger ties with Luanda but also earning money-laundering brownie points.
Already engaged in innumerable court cases and arbitration battles, the smallest details of which are dutifully publicized by their respective PR teams, the family of ex-president dos Santos and the Angolan state are also fighting another less public, much less procedural battle.
Five years after he was accused of defrauding the Angolan sovereign fund he was managing, Swiss-Angolan financier Jean-Claude Bastos de Morais has finally been banned from managing companies in Mauritius. The sanction was slow in coming and has fallen at a bad time for Mauritius as it faces criticism from the European Union for having failed to take more drastic action against money laundering.