Friends of Angola

By Allafrica Luanda – President João Gonçalves Lourenço Wednesday in Luanda fired the CEO of the State-owned Oil Company (Sonangol), Isabel dos Santos. In a press release from the Civilian Affairs Office to the Presidency of the Republic that reached Angop on Wednesday, João Lourenço relieves Carlos Saturnino Guerra Sousa e Oliveira from secretary of…

By Africanews Africa’s richest woman and daughter of the immediate past Angolan leader, Isabel dos Santos is the 74th most powerful woman in the world. The 44-year-old was also the only African to have made it to Forbes magazine’s ranking of the top 100 women for this year. Isabel who is currently head of the…

LUANDA (Reuters) – Angola’s new President João Lourenço is making swift moves to wrest power from his predecessor Jose Eduardo dos Santos, pushing out some of his key allies and vowing to combat monopolies controlled by a family that has run Angola for four decades. Dos Santos, 75, handpicked Lourenço, 63, to succeed him when…

By Reuters (Reuters) – Three former employees of a former UK division of German logistics and freight company Bertling were sentenced by a London court for bribing an agent of Sonangol, the Angolan state oil group, Britain’s Serious Fraud Office (SFO) said. Joerg Blumberg, Dirk Juergensen and Marc Schweiger were sentenced, fined and disqualified as…

By AFP Washington (AFP) – Oil field services giant Halliburton will pay nearly $30 million to resolve allegations of bribery in Angola, US regulators announced Thursday. Former Halliburton vice president Jeannot Lorenz also agreed to pay a $75,000 fine for falsifying the company’s books and circumventing internal controls, the Securities and Exchange Commission said in…

Four high ranking employees of the National Airline in Portugal (TAP) have allowed and helped to assemble in Portugal, a false provision of airline services to Sonair, a subsidiary of Sonangol, an Angolan oil public company. TAP was used by leaders of Sonangol in an Angolan oil money laundering scheme – reported to be over…

Fotografía: JOSÉ CARLOS CARVALHO Fonte: Expresso Quatro altos-quadros da TAP terão permitido e ajudado a montar em Portugal um esquema de falsa prestação de serviços da companhia aérea à Sonair, uma empresa subsidiária da Sonangol A Transportadora Aérea Nacional (TAP) foi utilizada por responsáveis da petrolífera angolana Sonangol num esquema de branqueamento de capitais –…