When Boston Consulting and McKinsey signed on to help restructure Sonangol, Angola’s state oil business, they agreed to be paid in an unusual way — not by the government but through a Maltese company Ms. dos Santos owned. Yet there were obvious red flags as Angolan state money went unaccounted for, according to money-laundering experts and forensic accountants who reviewed the newly obtained documents. “They have no moral status — they are what you make of them.”Now, more than two years after her father stepped down after 38 years as Angola’s strongman president, Ms. dos Santos is in trouble. Ms. dos Santos and her husband could face years in prison if convicted, according to the office of Angola’s president, João Lourenço. Ms. dos Santos’s half brother is also facing corruption charges for helping to transfer $500 million from Angola’s sovereign wealth fund.

Source: International New York Times January 19, 2020 18:00 UTC