Currently viewing the tag: "corruption"
An investigation by the Swiss NGO Berne Declaration has found that Trafigura, a leading Swiss commodities company, has shady business joint-ventures with corrupt government officials in Angola. The Berne Declaration report, released two days ago, follows up a previous investigation by Maka Angola that uncovered the connections [...]
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By Yela Loanda:
The off-budget measures announced in Article 11 of the State Budget Bill for 2013, which will allow the President an ample personal discretion to approve expenditures outside any budgetary provision, and which will also enable the establishment and management of special financial funds and secret funds “in the area of internal and [...]
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The latest press coverage on corruption, human rights abuses, violations of freedom of the press and socio-economic exclusion in Angola:
AIAC: The story about the daughter of Angola’s longtime president being Africa’s “first woman billionaire”
January 25, 2013: There has been a fair amount written about the Princess, as she’s not [...]
By Alfredo Muvuma:
Years ago, a high-ranking MPLA politburo member praised the business acumen of President José Eduardo’s children. More recently, the state-owned and only daily newspaper Jornal de Angola awarded Isabel dos Santos the title of entrepreneur of the year for 2012. In both cases, the objective was to sell the notion that there [...]
Read moreAngola’s 2013 budget has been hailed by government propaganda as its greatest ever, owing to how much is being spent on social sectors and in the fight against poverty. The State Budget Bill, approved by the National Assembly on January 15, is expected to become law on February 14.
Spending this year is up some [...]
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The Commander-General of the National Police, Commissioner Ambrósio de Lemos Freire dos Santos, may soon become one of the largest private arms dealers in Sub-Saharan Africa.
At stake is the importation of 95,000 arms from Brazil, including sub-machine guns, pistols, revolvers and riot control equipment destined for the National Police. The Commissioner’s company, R [...]
The latest press coverage on corruption, human rights abuses, violations of freedom of the press and socio-economic exclusion in Angola:
Iafrica: Chiefs want diamond probe
January 10, 2013: Four Angolan traditional leaders on Wednesday petitioned a court to re-open investigations into the “blood diamonds” case of seven former army generals they [...]
In two years of operations in Angola, Pumangol has become a leading player in the marketing of Angolan oil, as well as in the distribution of oil products in the country.
This company is a joint-venture between multinational Puma Energy, a subsidiary of Swiss based company Trafigura, and its Angolan counterpart Cochan.
In August [...]
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