Angola claims $11 billion recovered from graft cases
Angolan President Joao Lourenco.After taking office in 2017, President Joao Lourenco launched an anti-corruption drive to recoup assets he suspected were embezzled under his predecessor, Jose Eduardo dos Santos. PHOTO | FILE | NATION MEDIA GROUP
Angola has recovered assets worth more than $11 billion that had been looted from state coffers and stashed in countries around the world, the justice minister said Thursday.
The authorities have launched 715 criminal prosecutions for corruption, fraud, embezzlement and other financial crimes, Justice Minister Francisco Queiroz said in the state-owned Jornal de Angola.
