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Angola’s president warns there are no safe places to hide – Angola

Perry Shepard by Perry Shepard
October 16, 2021
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Angola’s president warns there are no safe places to hide – Angola
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Angolan President Joao Lourenço warned on Friday, October 15, that there were “no safe hiding places” for goods obtained at the expense of the public treasury and that Angolan justice “will do everything” to recover them, whatever the people involved.

In his message to the nation, João Lourenço, which marked the opening of the parliamentary year today, stated that nearly $5,000 million (€4.3 billion) have been recovered this year in cash, goods, assets or shares, including $2,100 million (€1,800 million) Abroad.

Taking into account the significant damage to property that the country has suffered as a result of corruption and impunity, the head of state emphasized that “there is no doubt that the work to recover embezzled assets will be arduous and will have to be carried out over many years”, so international cooperation is a pillar Key to this battle, as a large portion of the transferred assets abroad were formed, he said.

In this sense, the Angolan Public Prosecutor’s Office (PGR) sent 24 rogatory commissions and also received 98 letters from different countries undergoing treatment.

Joao stressed that “there is no safe place to hide for the property of the people who obtained it, which is causing severe damage to public money. Angolan justice will do its best to recover the misappropriated state resources, regardless of the individual or collective personalities involved.” Lourenco.

Perry Shepard

“Hardcore alcohol maven. Hipster-friendly analyst. Introvert. Devoted social media advocate.”

Perry Shepard

Perry Shepard

"Hardcore alcohol maven. Hipster-friendly analyst. Introvert. Devoted social media advocate."

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