Angola recovers US$11 bn

LUANDA — Angola has recovered assets worth more than US$11 billion that had been looted from state coffers and stashed in countries around the world, the justice minister said Thursday. Authorities have launched 715 criminal prosecutions for corruption, fraud, embezzlement and other financial crimes, Justice minister Francisco Queiroz said in the state-owned

Over the last three years, the government has recovered nearly US$11,5 billion dollars in cash and property in Angola and around the globe, he said. —