Angolan banker Alvaro Sobrinho is back under scrutiny in Portugal over billions that vanished from BES Angola
Billionaires Africa | 14.05.2026 15:38
More than a decade after Banco Espirito Santo Angola collapsed and took billions with it, the questions have not gone away. CNN Portugal reported this week that investigators and court proceedings are again focusing on the disappearance of enormous sums from the Angolan subsidiary during the years when Alvaro Sobrinho ran it, renewing scrutiny of one of the most politically sensitive financial scandals in Lusophone Africa's recent history.
