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Sovereign Wealth Funds Briefing - Categorized | Financials, Fund Management/Administration

Angola names Deloitte to audit $5 bln sovereign wealth fund

Posted on 12 November 2013

Angola, the largest crude oil producer in Africa after Nigeria, appointed Deloitte LLP as the independent auditor of its $5 billion sovereign wealth fund to ensure transparency.
The fund, headed by Jose Filomeno dos Santos, the eldest son of President Jose Eduardo Dos Santos, also appointed Artur Carlos Andrade Fortunato to the board of directors to oversee risk management, according to a statement from the fund today………………………………………..Full Article: Source


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