Angola wants control of financial management – The Angolan Sovereign Wealth Fund’s Chairman
Luanda - Angola wants to be able to control the management of its financial resources and for this purpose a delegation was sent from the Sovereign Fund (FSDEA) to the Republic of Mauritius on Sunday morning for a further negotiation round in the ongoing investigations into the assets of the institution.
Speaking to Angop at the 4 de Fevereiro International Airport, the President of the Board of Directors of the Fund, Carlos Alberto Lopes, said moments before leaving Luanda ahead of the negotiating delegation that 'everything is well underway to make this happen'.
We intend with this mission, to exchange information with the authorities of Mauritius and inform them about our research perspective and the strategy of allocating our funds, he said.
According to Carlos Lopes, the meetings, to be held in the coming days, aim at closer cooperation between the regulating body of financial institutions in Mauritius and FSDEA.
The Fund's organizational structure ensures that the appropriate review mechanisms are in place through the adoption of good practice at the international level.