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Carlos Rosado de Carvalho considers the Angolan people “the only victims” of irregularities at Sonangol

Economist Carlos Rosado de Carvalho said this Tuesday that the only victim of the alleged irregularities at Sonangol “is the Angolan people” and not Isabel dos Santos, noting that the bankruptcy of the Angolan state oil company already came from previous managers.

: Lusa
Lusa  

Rosado de Carvalho, who believes that the courts should decide the case involving Isabel de Santos' management at Sonangol, considers that the businesswoman, daughter of the former President of the Republic, committed "imprudence" in her management, but also maintains that this already found the company in bankruptcy.

Speaking to Lusa, the Angolan economist recalled that the previous president of the oil company, José Maria de Lemos, had already announced the company's bankruptcy, which led to the creation of a commission, whose technical committee was headed by the current director of the President's office, Edeltrudes Costa.

The aforementioned commission, he continued, created a restructuring plan, at which time Isabel dos Santos was already acting as a consultant for the company, before her appointment to command the oil company.

"I think Isabel dos Santos was very helpful, in the end the courts will decide, but in addition to the consultancy companies, Isabel dos Santos also has a problem with a 'joint venture' she had with Sonangol in the investment with Galp", recalled Rosado.

"She was very reckless and put himself at the mercy of all these accusations that are being made, the only thing Isabel dos Santos had to save herself was for her father to remain in power", he observed.

For the journalist and well-known Angolan commentator, in this entire process the "only victim that truly exists is the Angolan people who have been harmed by acts of governance since independence, with scenes of corruption that existed and continue to exist".

"The Angolan people are the only victims", insisted the economist, stating that "illegal payments" at Sonangol had also been made during the management of Manuel Vicente and José Maria de Lemos, managers who preceded Isabel dos Santos.

Sonangol "doesn't start with Isabel dos Santos, it has a previous history, so it wasn't Isabel dos Santos who bankrupted Sonangol. These payments to Isabel dos Santos of more than 100 million dollars – that's a lot of money, yes –, but compared to the scams and frauds they committed at Sonangol, it's nothing, so where are the others?", he asked.

Carlos Rosado de Carvalho insisted that Isabel dos Santos was not the only manager who made illegal payments at Sonangol, pointing out responsibilities to previous managers, such as Manuel Vicente, also a former vice-president of the Republic.

The Attorney General of the Republic "recently warned that their immunities had already ended", he stressed, referring to Manuel Vicente.

"Isabel dos Santos is not a victim, the victim was the Angolan people", he stressed, "but somehow there seems to be some selectivity here in relation to the businesswoman", he stated.

Businesswoman Isabel dos Santos is accused of 12 crimes in the process involving her management at the Angolan state oil company, between 2016 and 2017, according to the indictment to which Lusa had access.

Isabel dos Santos is accused of embezzlement, qualified fraud, abuse of power, abuse of trust, forgery of documents, criminal association, economic participation in business, influence peddling, tax fraud, qualified tax fraud (one crime each) and two crimes of money laundering.

In addition to the former President's daughter, the accused are Paula Oliveira, friend and partner (six crimes), her former manager and friend Mário Leite da Silva (six crimes), her former financial administrator at Sonangol Sarju Raikundalia (nine crimes) and the consultancy PricewaterhouseCoopers (PwC) (two crimes).

According to the order, dated January 11, the defendants caused the Angolan State a loss of more than 208 million dollars, divided between 176 million dollars, 39 million euros and around 94 million kwanzas involving unduly paid salaries, sales with loss, tax fraud and fraudulent payments to companies.

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