New Documents Link Scandal-Hit Angolan Banker To Embezzlement Scheme

Álvaro Sobrinho, who led an Angolan bank that collapsed with billions of dollars of unexplained debts, is linked by new documents and testimony to a scheme to siphon off hundreds of millions of dollars of government-backed financing for social housing. Sobrinho had 12 accounts in Suisse Secrets data, three of which were set up around the time of the alleged plot.