A court in Angola has sentenced Carlos de São Vicente, a businessman with links to two former presidents, to nine years in prison for stealing $900m (£682m), the private Novo Journal reported.
The charges included embezzlement, tax fraud and money laundering.
His defence team intends to appeal Thursday’s ruling.
“Mr De São Vicente continues to contest all the accusations made against him and to assert his innocence,” his lawyers told US news site VOA.
Mr De São Vicente was in detention for more than a year before his court case began in February.
A son in-law to Angola’s first President Agostinho Neto, he was given the monopoly of insuring the country’s lucrative, state-controlled oil industry during the presidency of José Eduardo dos Santos.
The government of incumbent President João Lourenço has pursued several corruption cases against people linked to Mr Dos Santos.
However, the anti-graft campaign has also drawn criticism for being used as a political weapon. BBC News
Too small the sentence,who gonna compensate the people affected?
That’s good news ,thieves should be punished for making the ordinary people go hungry while they feed their families it’s unfortunate in Botswana the hungry will be protecting the rich even though they are suffering they would by all means try to be subjects and crawl on their knees to respect a thief.
What of the former presidents?