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Angola’s outgoing president Santos accused of using country’s oil wealth to enrich himself

by The Informer
September 26, 2017
in News, World News
Reading Time: 1min read
Angola’s outgoing president Santos accused of using country’s oil wealth to enrich himself

Jose Eduardo dos Santos (left), who is due to hand over the presidency of Angola to his successor Joao Lourenço on September 26, 2017, has placed his family members in key positions in the country.

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LUANDA

Critics of outgoing Angolan President Jose Eduardo dos Santos accuse him of stripping his country of much of its vast oil wealth to enrich himself and his family.

Dos Santos, who will step down on Tuesday after 38 years of iron-fisted rule, has appointed several family members to key economic jobs during his presidency.

Banking, telecoms, media and most significantly oil are among the industries that have felt the far-reaching influence of the Dos Santos brood.

“The president has privatised the state to benefit his family and a handful of associates,” said investigative journalist Rafael Marques de Morais, who has been critical of Dos Santos’ alleged plunder for many years.

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“For them it’s above all about having cash at their disposal so they can live like the global super-rich without worrying about what is happening to the people.”

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