News24 | Angola to sell stake in Standard Bank unit it seized from tycoon
![News24 | Angola to sell stake in Standard Bank unit it seized from tycoon](https://cdn.24.co.za/files/Cms/General/d/12000/b9184810a4a545d8a9e37bd092117730.jpg)
The Angolan government seized a stake of 49% in Standard Bank Angola in 2020 from Carlos Sao Vicente, who was convicted for crimes including embezzlement and tax fraud.
The Angolan government seized a stake of 49% in Standard Bank Angola in 2020 from Carlos Sao Vicente, who was convicted for crimes including embezzlement and tax fraud.