UK crime agency probes possible fraud against National Bank of Angola
Former Angola central bank governor indicted amid $500 million fraud allegations
The UK’s National Crime Authority (NCA) is investigating a potential $500 million fraud against Angola’s central bank, a spokesperson from the NCA has confirmed.
Speaking to Central Banking, the spokesperson said that in December 2017 and January 2018 the NCA made use of new provisions within the Criminal Finances Act 2017 “preventing the transfer of assets”.
“The necessary authority has now been provided for the monies to be returned to the Angolan authorities,” they said, adding the
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