Angolan ex-presidents son jailed five years for $500m fraud

Angolas Supreme Court on Friday handed a five-year jail sentence to Jose Filomeno dos Santos, the son of the oil-rich countrys former president, for fraud when he headed the national sovereign wealth fund. Dos Santos, 42, was summoned before court in December over allegations he tried to embezzle up to $1.5 billion (1.3 billion euros)



Source: Punch Newspaper