The vice-president of the parliamentary group of the National Union for the Total Independence of Angola (UNITA), Navita Ngolo, said this Wednesday in a press conference that the document was sent on November 18, hoping that the National Assembly "will take the right measure, to create the requested parliamentary commission of inquiry".
According to Navita Ngolo, the commission of inquiry aims to evaluate the legislative and regulatory framework of who governs the execution of the General State Budget (OGE) through BPC, the management reports for the periods 2005 to 2019, to ascertain the management practices of successive executive directors and the role of external auditors.
The survey also aims to evaluate BPC's relations with the Ministry of Finance, the Movimento Popular de Libertação de Angola (MPLA), the entities dependent on the holder of executive power, the Banco Nacional de Angola, as well as the performance of state agencies in approving and implementing the bank's restructuring and recapitalisation process.
"And to issue recommendations to ensure that the restructuring plan contributes to the full achievement of the objectives of preventing, controlling, monitoring, combating practices and procedures that undermine the good governance of the bank and the consequent integrity of the GSB execution processes," he stressed.
Navita Ngolo stressed that BPC is the main financial institution used by the state for the implementation of the GSB, stressing that the bank's capital is made up entirely of state entities, namely 75 percent of the state, 5 percent of the National Social Security Institute and 10 percent of the Angolan Armed Forces Social Security Fund.
"BPC is an institution whose management is in the public interest, since its primary mission should be to contribute to the stability of the financial system and to improve the quality of banking services, guarantee profitability, financial solidity and liquidity and also better fulfil its vocation as a social provident for the assets it manages," he stressed.
Based on the 2019 Report and Accounts, BPC recorded losses of 404.7 billion kwanzas, being in the current situation of technical bankruptcy, with liabilities in excess of assets, in the order of 87.2 billion kwanzas, in a solvency ratio below the regulatory minimum limit defined by the central bank.
The bank also recorded "constant embezzlement" as well as "successive capitalizations, without success", so the parliamentary group "hopes that this time the National Assembly will take the right measure, to create the requested parliamentary commission of inquiry".
On the other hand, the UNITA parliamentary group submitted a request to the Constitutional Court on 23 November for a declaration of unconstitutionality of Presidential Decree no. 276/2020, of 23 October, which approves the exceptional and temporary measures to be in force during the calamity situation decreed by virtue of the covid-19 pandemic.
For the parliamentary bench of the largest opposition party, the President of the Republic, João Lourenço, violated paragraph 2 of article 6 of the Constitution of the Republic, which states categorically that the state is subordinate to the law, to the Constitution and is based on legality, and must respect and enforce the law.
According to Navita Ngolo, the presidential decree in articles 25 and 29, with the headings "activities and meetings" and "gatherings on the public highway", restricts the rights, freedoms and guarantees of citizens, since the country is not experiencing any state of war, state of siege or state of emergency.
"Every day we have seen serious situations of the rights, freedoms and guarantees of citizens constitutionally protected, including deaths in the last two demonstrations", said the deputy, stressing that, in this sense, the parliamentary group requests that the presidential decree be declared unconstitutional.
