Aimed at a report by the Angolan Public Television called “O Banquete”, which shows how high figures of the José Eduardo dos Santos regime, took advantage of positions to use the treasury for their own benefit, before 2017, Joaquim Sebastião, who led the Institute of Roads of Angola (INEA) from 2003 and 2010, in July last year he had to return to the State real estate, vehicles and other assets worth the US $ 45 million, after being in custody for several months, accused of the crime of embezzlement.
Presented as a player and referee, with several works by the INEA to be carried out by companies of his own or those close to him, resulting in embezzlement of public funds.
Recently, at the height of his detention, the Maka Angola website presented Joaquim Sebastião as the only Angolan individual with assets in ‘millions’ of US dollars that is not linked to the presidential office and is not part of President José Eduardo dos Santos ”.
According to the source, the negotiation that led to his release raised too many doubts about the role of judicial authorities in leading the fight against corruption, forcing any analyst to be skeptical about the procedures adopted.
Joaquim Sebastião proceeded in exchange for parole, the delivery of a villa valued at US $ 10 million, located in the Talatona area, near Unitel, in Luanda, a list of about 30 properties in Angola, Portugal and Brazil, and one dozen vehicles.
The authorities agreed that Joaquim Sebastião should have only two vehicles and a family home, but that it would be neither the one located in the Kikuxi area nor the Talatona area, each valued at around 10 million dollars.
According to the General Inspectorate of State Administration, there are billions in amounts not justified by the Ministry of Public Works and Construction, between 2007 and 2014.
Several million dollars, including money from China’s credit line, were channeled to institutions led by Higino Carneiro and Joaquim Sebastião. A millionaire duo.
These are the paths of Joaquim Sebastião’s fortune. A source linked to the Criminal Investigation Service revealed in the recent past that Joaquim Sebastião had long been showing clear signs of illicit enrichment, having owned airplanes, priceless luxury yachts, and several mansions in the country and abroad.
As an example, the same source speaks of a mansion on one of the most expensive streets in the Principality of Monaco, valued at more than 30 million dollars, and another in one of the noblest areas of London, estimated at more than 40 million.
Sebastião, as revealed to Public Television of Angola, owns most of the condominiums in Talatona and also Belas Business Park, the most prestigious office complex in the country, comprising 16 towers.
