National Bank of Angola controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2018
Alleged US$500 million transfer involving José Filomeno dos Santos
José Filomeno dos Santos was charged in connection with an alleged transfer of US$500 million from a central-bank account to a UK bank account. UK authorities froze the funds during the investigation, and the case prompted further scrutiny of controls over BNA-related funds.
2011
Alleged US$160 million financial fraud
A major fraud case concerned transfers of approximately US$160 million from an Angolan Treasury account at Banco Espírito Santo in London to overseas accounts allegedly controlled by suspects. Several people connected with the Angolan Finance Ministry and BNA were sentenced in Angola, while related investigations continued in Portugal.