MEPs ask European Banking Authority to investigate 'Luanda Leaks'

Parliamentarians also urge national authorities to initiate investigations into the revelations of the 'Luanda Leaks' case and to take action against stakeholders who violate the rules on the fight against money laundering.

The European Parliament (EP) called on the European Banking Authority (EBA) to conduct an inquiry into the revelations of the 'Luanda Leaks' case, in particular to “assess whether violations of national or European Union (EU) legislation have taken place the measures taken by financial supervisors ”.

In the official note, MEPs call for an investigation into the case of Isabel dos Santos, in particular to "assess whether violations of national or EU legislation have taken place and to analyze the measures taken by financial supervisors".

According to a statement released this Friday, the scandals such as' Panama Papers', 'Lux Leaks' and' Paradise Papers' are at stake, which, in the eyes of the EP, “have“ repeatedly shaken citizens' confidence in our financial and tax systems ”. In this way, the assembly calls for measures to be taken to restore public confidence, ensure the existence of equitable and fair taxation regimes and guarantee fiscal justice.

MEPs argue that the revelations made in recent years “show the need for the EU to continue to prioritize the fight against money laundering and update its legislative framework” in this regard, defends the EP in a resolution adopted this afternoon with 534 votes in favor, 25 against and 122 abstentions.

Parliamentarians also urge national authorities to initiate or continue investigations into the revelations of the 'Luanda Leaks' case and to bring actions against interested parties that violate the rules on the fight against money laundering. In addition, they request that the European Central Bank (ECB) be empowered to withdraw licenses from any banks operating in the euro area that violate obligations in the fight against money laundering, “regardless of the assessment of the responsible national authorities”.


Efacec: State will not assume responsibility for Isabel dos Santos' debts, guarantees the Government

The Socialist Executive believes that "a large part" of the Angolan businesswoman's debt to the banks that financed her entry into Efacec (Montepio, BPI and BIC) "is lost" because the amount of compensation that will result from the assessment that the Government will make " it will not be enough to repay the totality of that debt ”.

Luanda Leaks: Government nationalizes 70% of Efacec's capital

The measure was approved today in a council of ministers with the objective of safeguarding 2.500 jobs due to the “shareholder impasse”. At the same time, the Government started the process of privatizing this capital. "It is not a lasting intervention, it aims to resolve the shareholder impasse," said the Minister of Economy today. Decree-law has already been promulgated by the President of the Republic.

Isabel dos Santos wanted to receive cash wages after seizure of Unitel accounts

According to the news reported by “Público”, the businesswoman even advanced a deadline for payment to be made “according to instructions sent to society”, or she would resort to justice, but the threat was ignored

Angolan PGR admits arrest warrant against Isabel dos Santos in coordination with Portugal

“We have been working in tune with the Portuguese authorities, all the work that the last few days have made public is a work that is being done in complete harmony between Angola and Portugal at the level of the judicial entities, and if by chance there is a need to we get to that point (issuing a warrant) together we will see how to proceed, ”the Angolan PGR, Hélder Pitta Grós, told Lusa today.

Isabel dos Santos accuses Angolan justice of using fake passport signed by Bruce Lee in the lawsuit against her

The businesswoman says that the passport was signed by the martial arts actor Bruce Lee who died in 1973. Isabel dos Santos asks the Portuguese authorities to be attentive to requests from the Angolan justice “without properly checking the evidence and allegations presented”.