Angolan Ex-President's Son To Do Jail Time


Jailtime for the Former President’s Son

Billionaire behind bars, Jose Filomeno dos Santos, son of the former president who ruled Angola for 38 years, was sentenced to five years in prison by the nation’s Supreme Court in Luanda on Friday for a multi-billion dollar embezzlement scheme attempting to transfer to $1.5 billion into a private Swiss bank account from the sovereign wealth fund – which he oversaw for 5 years from 2013.

Three of his co-defendants — including the former governor of the national bank of Angola (BNA) Valter…



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