Leopoldino Fragoso do Nascimento

Leopoldino Fragoso do Nascimento
Head of the President's Communication Service
Personal details
Born (1963-06-05) June 5, 1963 (age 61)[citation needed]
Luanda, Angola
Political partyMPLA

Leopoldino Fragoso do Nascimento, aka "General Dino", was the Head of the Angolan President's Communication Service under José Eduardo dos Santos' presidency and the Chairman of the Board of Directors of the Cochan Group, one of the top economic groups in Angola. He embezzled billions and was sanctioned by the U.S. Department of the Treasury in 2021.

Early life and education

Leopoldino Fragoso do Nascimento was born in Luanda, Angola in 1963.[citation needed] He acquired a degree in telecommunication engineering.[1]

Career

Do Nascimento, aka General Dino, was the Head of the Angolan President's Communication Service under José Eduardo dos Santos' presidency and the Chairman of the Board of Directors of the Cochan Group, one of the top economic groups in Angola.[2][3][4][5][6] Fragoso do Nascimento has been a partner of Trafigura since 2009. do Nascimento is a founding partner of Unitel Telecom, Kinaxixe Real Estate, Zahara Logistics, Kero Supermarkets and Biocom – Bio Fuels. As of 2019, he had "20 years of experience" in which he held 7 years experience in Puma Energy/Industry, serving as Director at Puma Energy Holdings Pte Ltd. Bloomberg described him as "one of Africa’s foremost entrepreneurs".[1]

Do Nascimento has been described as one of three members of a triumvirate alongside Manuel Vicente and Manuel Hélder Vieira Dias Junior to move millions of dollars out of Angola.[7]

On 9 December 2021, the U.S. Department of the Treasury added do Nascimento and two of his companies - Cochan Holdings and Cochan SA - to its Specially Designated Nationals (SDN) list. Individuals on the list have their assets blocked and U.S. persons are generally prohibited from dealing with them.[8][9]

References

  1. ^ a b "Leopoldino Fragoso do Nascimento". bloomberg.com. Retrieved 8 Mar 2019.
  2. ^ "General Leopoldino Fragoso do Nascimento (Dino)". africa-confidential.com. Retrieved 8 Apr 2019.
  3. ^ "CHAIRMAN" (in Portuguese). cochan.com. Retrieved 8 Mar 2019.
  4. ^ "Angolan officials admit to hiding Cobalt shares". Mail&Guardian. 16 Apr 2012. Retrieved 8 Mar 2019.
  5. ^ "The 750 Million Dollar Man". foreignpolicy.com. 13 Feb 2014. Retrieved 8 Mar 2019.
  6. ^ "Angola's Path to Justice - Prosecuting the Guilty and Recovering the Stolen Billions". allafrica.com. 23 Oct 2018. Retrieved 8 Mar 2019.
  7. ^ Anderson, Khadija Sharife and Mark (13 April 2020). "How Angolan Elites Built a Private Banking Network to Move Their Riches Into the European Union". Retrieved 2024-04-07.
  8. ^ "Global Magnitsky Designations and Designation Update". U.S. Department of the Treasury. Retrieved 2021-12-09.
  9. ^ Payne, Julia (2021-12-09). "U.S. adds former Angolan General Dino to sanctions list". Reuters. Retrieved 2021-12-09.

List of accusations against General Dino as per Maka Angola portal (portuguese)


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