Tag Archives: Angolan

Angolan President fires economy Minister amidst fuel subsidy protests

Angolan President João Lourenço has dismissed the country’s Minister of Economic and Social Development, Manuel Nunes Júnior, in the midst of widespread protests sparked by the government’s decision to eliminate fuel subsidies. The move to end subsidies, aimed at reducing government spending, went into effect on June 1, causing a …

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Angolan court orders seizure of Isabel dos Santos’ $1 billion assets

The Angola Supreme Court (ASC) has ordered the preventive seizure of several assets of former president’s daughter Isabel dos Santos, valued at $1 billion, as requested by the Public Ministry, media reported Tuesday, December 27, 2022. According to the state-owned Jornal de Angola, the order comes after indications of embezzlement …

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Angolan billionaire Isabel dos Santos demands pardon after death of father

Angolan billionaire, Isabel dos Santos has requested a pardon to dismiss all criminal accusations brought against her and other members of the dos Santos family. The declaration by the Angolan billionaire, which a spokesman in Lisbon confirmed on Tuesday, July 19 came over two weeks after her father, former President …

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