{"id":5141,"date":"2022-03-25T18:57:00","date_gmt":"2022-03-25T18:57:00","guid":{"rendered":"https:\/\/www.africa-press.net\/angola\/all-news\/saint-vincent-sentenced-to-9-years-in-prison"},"modified":"2022-03-25T20:42:42","modified_gmt":"2022-03-25T20:42:42","slug":"saint-vincent-sentenced-to-9-years-in-prison","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/angola\/all-news\/saint-vincent-sentenced-to-9-years-in-prison","title":{"rendered":"Saint Vincent sentenced to 9 years in prison"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Angola. <\/strong><\/span><b>The former chairman of the Board of Directors of Seguradora AAA, Carlos de S\u00e3o Vicente, was sentenced this Thursday by the Luanda District Court to nine years in prison and to be returned to the Angolan State, as compensation, 4.5 billion US dollars.<\/b><\/p>\n<p>During the reading of the sentence, the judge of the case, Edson Escriv\u00e3o, explained that the sentence results from a set of crimes, with emphasis on embezzlement, money laundering, as well as conducting business with himself, within the AAA Insurer, of which he was owner, causing the diversion of public funds.<\/p>\n<p>&#8220;For the crimes committed, the penal framework varies between eight and 11 years of effective imprisonment, and, as I have no criminal record, we decided to set the penalty at nine years of effective imprisonment, being obliged to return to the Angolan State the amount of 4.5 billion dollars, and also a 200-day fine, due to the 250,000 kwanzas of the court fee\u201d, explained the judge.<\/p>\n<p>According to the judge in the case, the assets acquired by the defendant, illegally, during his consulate, from public funds, which gave rise to several companies, located inside and outside the country, will have the Ministry of Finance, on behalf of the Angolan State.<\/p>\n<p>The judge in the case explained that for approximately 20 years, the businessman had control of the insurance and reinsurance market of Sonangol, where he set up a triangular scheme with several companies between Angola, London and Bermuda, generating widespread losses to the Angolan State estimated at more than 1 , $5 billion in tax breaks. According to the file, when an insured contracted him, through the AAA in Angola, the entrepreneur made contracts with other companies of the same group abroad, evading taxes in Angola.<\/p>\n<p>The court also revealed that Carlos de S\u00e3o Vicente did not share the profits resulting from the business with other insurance companies, with emphasis on ENSA, Sonangol, even with the Angolan State itself.<\/p>\n<p>During the trial, Carlos de S\u00e3o Vicente, dressed in sportswear, was visibly calm and limited himself to hugging his wife Irene Neto and close family members, who attended the trial at the Luanda District Court.<\/p>\n<p>The judge assisting the case, Patr\u00edcia de Ara\u00fajo Pereira, said that the court referred the offices of the former President of the Republic of Angola, Jos\u00e9 Eduardo dos Santos, and his Vice-President, Manuel Domingos Vicente, as they were considered essential witnesses for the clarification. of the case, however, until the closing date of the process, he had not received any statement from the two deponents.<\/p>\n<p>Carlos de S\u00e3o Vicente, according to the court&#8217;s pronouncement, is the holder of a fortune valued at more than three billion dollars.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/angola\">Angola<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Angola. The former chairman of the Board of Directors of Seguradora AAA, Carlos de S\u00e3o Vicente, was sentenced this Thursday by the Luanda District Court to nine years in prison and to be returned to the Angolan State, as compensation, 4.5 billion US dollars. During the reading of the sentence, the judge of [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":5140,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,8,12,16],"tags":[233,337,329],"class_list":["post-5141","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-homepage-english","category-policy","category-twitter","tag-africa-press","tag-africa-press-angola","tag-angola"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Saint Vincent sentenced to 9 years in prison - Angola<\/title>\n<meta name=\"description\" content=\"The former chairman of the Board of Directors of Seguradora AAA, Carlos de S\u00e3o Vicente, was sentenced this Thursday b ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/angola\/all-news\/saint-vincent-sentenced-to-9-years-in-prison\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Saint Vincent sentenced to 9 years in prison\" \/>\n<meta property=\"og:description\" content=\"The former chairman of the Board of Directors of Seguradora AAA, Carlos de S\u00e3o Vicente, was sentenced this Thursday b ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/angola\/all-news\/saint-vincent-sentenced-to-9-years-in-prison\" \/>\n<meta property=\"og:site_name\" content=\"Angola\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-25T18:57:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-25T20:42:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/angola\/sites\/65\/2022\/03\/img-623e292cb6420.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"620\" \/>\n\t<meta property=\"og:image:height\" content=\"355\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/saint-vincent-sentenced-to-9-years-in-prison#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/saint-vincent-sentenced-to-9-years-in-prison\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Saint Vincent sentenced to 9 years in prison\",\"datePublished\":\"2022-03-25T18:57:00+00:00\",\"dateModified\":\"2022-03-25T20:42:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/saint-vincent-sentenced-to-9-years-in-prison\"},\"wordCount\":464,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/saint-vincent-sentenced-to-9-years-in-prison#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/angola\/sites\/65\/2022\/03\/img-623e292cb6420.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Angola\",\"Angola\"],\"articleSection\":[\"all news\",\"homepage-english\",\"policy\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/angola\/all-news\/saint-vincent-sentenced-to-9-years-in-prison#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/saint-vincent-sentenced-to-9-years-in-prison\",\"url\":\"https:\/\/www.africa-press.net\/angola\/all-news\/saint-vincent-sentenced-to-9-years-in-prison\",\"name\":\"Saint Vincent sentenced to 9 years in prison - 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