The information, confirmed to Lusa news agency by the Angolan Attorney General's Office, said that the lawsuit against Carlos Sao Vicente had been brought by his Swiss lawyers Schellengerb Wittmer Ltd assisted by an Angolan law firm.
Carlos de São Vicente, owner of the AAA group of companies, one of the largest private groups in Angola, and holder for two decades of the insurance and reinsurance monopoly of Sonangol, the state oil company, was formally charged with the crimes of embezzlement, money laundering and tax fraud, having been notified of the indictment on March 17.
The Luso-Angolan businessman is accused of continuous tax fraud for five years, which will have damaged the Angolan state in amounts exceeding one billion euros, according to the indictment to which Lusa had access.
Last year, the businessman saw his accounts frozen in a Swiss bank, with the authorities of that country alleging that between 2012 and 2019 Carlos de São Vicente will have transferred 900 million dollars from the insurance company to his accounts, something that was only discovered when the SYZ bank alerted to a transfer of 213 million dollars, according to the indictment documents.
