Angola’s High Court on Thursday commenced the “Thai swindle” case, involving a $50 billion scam investigation, with the defence asking for the acquittal of defendants.
The trial, which involves four Thai defendants, four Angolans, one Eritrean and one Canadian, started at 9.45 am local time and went on for five hours.
The spokesperson of the judges in charge of the case, Lourenço José, told the media after the session that the trial took place with the most “serenity” possible.
According to the prosecution, the case goes back to 2017 when alleged Thai investors attempted to swindle $50 billion (€43.5 billion) from the Angolan state. However the defence contests this claim, saying it was a private investment initiative.