Angola is preparing to set up a $5 billion real estate investment fund to manage anti-corruption assets, the finance minister said today.
“The identified processes represent $15 billion. [14,1 mil milhões de euros] total, including assets, real estate, holdings, cars, and money, and of the identified $15 billion, $5 billion [4,7 mil milhões de euros] have already been resolved, and the bulk of these 5 billion [recuperados no âmbito do combate à corrupção] it’s not money, it’s real estate, cars and goods that we donate to ministries or give away to government organizations, which allows us to do without acquiring funds for them, ”Vera Daves de Souza said on the Café da Manhã program on LAC radio.
“We are even thinking about creating a real estate investment fund, placing objects and attracting a management company through an open competition and obtaining shares so that we do not have to manage all these assets ourselves, since we have human and time constraints that we have,” — said the minister, answering a question about the asset recovery process in the context of the fight against corruption.
Author: Portuguese
Source: CM Jornal
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