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Isabel dos Santos' team at Sonangol cost 13.1 million dollars in 14 months

Isabel dos Santos and her team cost Sonangol 13.1 million dollars in salaries, between October 2016 and December 2017, according to the indictment regarding the businesswoman's management at the national oil company.

: Ampe Rogério/Lusa
Ampe Rogério/Lusa  

The document, consulted by Lusa, states that the salary increases and remuneration of the board of directors were made without complying with legal requirements, and an SAP instance (management software) isolated from the Sonangol instance was created to process the remunerations, with this information became inaccessible.

Salary processing was operated by one of his associates, a financial administrator at Sonangol and also accused in the case, Sarju Raikundalia, and by consultants from the company Odkas, based in Madeira, whose partners included the wife of Mário Leite da Silva, manager of Isabel dos Santos, also accused.

According to the indictment, "exorbitant remunerations" of 13.1 million dollars were processed during this period, just over a year.

The amount included base salaries and other allowances for 32 employees of the corporate bodies, of which eight received 8.9 million dollars and 24 the remaining 4.2 million dollars.

Isabel dos Santos' base salary amounted to 50,448 dollars a month, with Paulino Jerónimo being the second highest paid with 41,145 dollars a month.

Paulino Jerónimo, who was dismissed from the position of president of the executive committee by Isabel dos Santos, was appointed Secretary of State for Petroleum at the time of the current President of the Republic, João Lourenço, and is the current president of the National Oil and Gas Agency.

As for Sarju Raikundalia, whose executive functions the Public Prosecutor's Office argues were illegally assigned, he began to unduly benefit from the salary of an executive director, when he should have benefited from only 50 percent of this amount, having also ordered the payment of salary advances in his favor through Sonangol Limited (London).

The case involves five defendants accused of having harmed the Angolan State by more than 208 million dollars during their tenure at Sonangol.

Businesswoman Isabel dos Santos, daughter of former President José Eduardo dos Santos and who has lived outside Angola for several years, is accused of 11 crimes.


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