Angola: End Silence on Missing Funds

The government of Angola should publicly disclose its efforts to trace tens of billions of dollars in missing public funds apparently connected to the state oil company, Sonangol, Human Rights Watch in an open letter to the country’s finance minister. In December 2011, the International Monetary Fund reported that there was an unexplained US$32 billion discrepancy in the Angolan government’s accounts from 2007 through 2010.

Update: On January 17 2012, the government of Angola acknowledged the discrepancy in public accounts.

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