Tag: Jose Filomeno dos Santos
The $5 billion sovereign wealth fund has been embroiled in a dispute with its former boss, the ex-president’s son Jose Filomeno dos Santos.
The new president can be expected to continue to mobilise against the Dos Santos empire on all fronts using allegations of graft, corruption and fraud as weapons of choice as well as the politics of renewal and improved governance.
Dos Santos is the highest profile figure to be charged since President Joao Lourenco succeeded former leader Jose Eduardo dos Santos.
Lourenço, who took office in September when dos Santos stepped down after nearly four decades in power, has swiftly wrested control of key areas of the state by pushing aside powerful figures associated with his predecessor.
The fund is run by Jose Filomeno dos Santos, son of former President Jose Eduardo dos Santos.