Angolan businessman
Angolan businessman Agostinho Kapaia’s group awarded $1.3 billion in contracts over 2 years
Marques, in a letter to President João Lourenço, criticized the award to the Opaia Europa and IDC consortium, both owned by Kapaia.
Portuguese gov’t accuses Angolan businessman Alvaro Sobrinho of embezzling hundreds of millions of dollars
The businessman was charged with aggravated fraud and the lodging of about $6.12 billion.
Angolan businessman Alvaro Sobrinho resolves to pay deposit of $6.64 million with four properties
Sobrinho has been accused of stealing more than €350 million ($387 million) from BES Angola (now Banco Economico).
Angolan businessman Alvaro Sobrinho under investigation for allegedly embezzling $387 million
In 2015, Sobrinho was linked to a $5.7-billion fraudulent loan scheme.