Angola is selling $261 million of bank shares seized from jailed tycoon Carlos Sao Vicente
Angola's markets regulator has approved the sale of a 34% stake in Standard Bank de Angola, seized from jailed tycoon Carlos Sao Vicente.
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Angola's markets regulator has approved the sale of a 34% stake in Standard Bank de Angola, seized from jailed tycoon Carlos Sao Vicente.
Carlos São Vicente, jailed since 2020 over Angola's $900 million insurance case, says he faces kidney failure and sepsis without urgent surgery.
Carlos São Vicente, imprisoned in Angola for economic crimes, was taken to a Luanda clinic for specialist tests, prompting speculation over his health.
Disgraced Portuguese-Angolan billionaire businessman, Sao Vicente faces legal setback as Singapore court denies access to funds.
Vicente was once a prominent figure in Angola’s oil industry.
Vicente was once a prominent figure in Angola’s oil industry.