Luanda, ANGOLA, July 2 - The Attorney General's Office (PGR), refrained from accusing against the Angolan State the citizens Belarmino Van-dúnem, Santinho Filipe Figueira and Afonso Lopes Teixeira in the case of financial fraud involving amounts above 5 billion US dollars illegally withdrawn from the State?s safe. ,

According to a press note from the PGR that reached ANGOP on Friday, the referred citizens have been acquitted of criminal responsibility due to the lack of proof that testify their involvement in the case.

 

However, five citizens of Angolan nationality, four Thais, a Canadian and an Eritrean citizen remain as defendants in the case, reads the press note.

 

Once the preparatory instruction was completed and the evidence collected, the Public Prosecutor's Office accused the defendants of crime, criminal association and falsification of credit securities.

 

The case, which the above referred citizens are being accused date back to the end of November 2017 concerning  an alleged financing that would be made available by a Philippine bank, with the purpose to develop investment projects in Angola worth USD 50 billion and a Memorandum of Understanding was initialed by the Angolan State and Centennial Energy Thailand.

 

The deal had been signed by the then director of the extint Technical Unit for Private Investment (UTIP), Norberto Garcia and the CEO of Centennial Energy Thailand, Raveeroj Rithchoteanan, in the presence of dozens of Angolan businesspeople and bank officials to learn the condictions for having access to the said investment fund.

 

The operation, which was supposed to finance some projects, was aborted by the National Police following the denunciation of one of the banks involved in the negotiation.

 

The operation, which intended to allegedly finance some projects, was foiled by the National Police after a whistleblow made by a bank involved in the negotiation.

 

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