Angola's Supreme Court has given a five-year prison sentence to Jose Filomeno dos Santos, the child of the oil-rich country's former president, for fraud when he headed the national sovereign riches subsidize.
Dos Santos, 42, was brought under the watchful eye of the court in December over claims he attempted to steal up to $1.5 bn from the sovereign riches finance, which he supervised from 2013 to 2018.
Nicknamed "Zenu", dos Santos, child of ex-President Jose Eduardo dos Santos, was accused of stealing $500m from the reserve and moving it to a Swiss bank account.
"For the wrongdoing of fraud ... furthermore, for the wrongdoing of hawking impact ... the lawful cumulus condemns him to a solitary sentence of five years in jail," judge Joao da Cruz Pitra said on Friday.
Three co-defendants, including the former governor of the National Bank of Angola (BNA), Valter Filipe da Silva, were condemned to somewhere in the range of four and six years in jail for fraud, embezzlement and impact hawking.
Every one of the four were vindicated of money laundering charges. They have recently denied any bad behavior.
Zenu is the primary individual from the former presidential family to be indicted as a component of an enemy of corruption crusade drove by President Joao Lourenco, who came to control in 2017.
In February, Angolan specialists solidified the benefits of Zenu's extremely rich person relative, Isabel dos Santos.
She is being examined for a not insignificant rundown of wrongdoings in Angola, including botch, embezzlement and money laundering during her stewardship of the state-run oil goliath Sonangol.
Lourenco has mostly focused on the relatives of his predecessor, who designated family members and companions to key situations during his 38-year rule - leaving a heritage of destitution and nepotism.
Isabel has fervently denied the allegations against her and reprimanded Luanda's activities as a politically-roused "witch-chase".
Just a little first class have profited by Angola's tremendous oil and mineral stores.
The southwest African country has been delayed in recovering from a 1975-2002 civil war. Huge pockets of the populace live in neediness with constrained access to fundamental administrations.
SOURCE: AFP news agency
