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Sun, 20 Sep 2020 10:16 - Updated Sun, 20 Sep 2020 10:31

TC confirms BPC management audit

Luanda - The Audit Court (TC) admitted Saturday that an audit into the management of the state-owned bank Banco de Poupança e Crédito (BPC) had been carried out, but denied that the investigation had any conclusions already.

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BPC headquarter

Photo: Divulgação

Speaking to ANGOP, the communication and image consultant for this judicial institution, Gonçalo Leitão, explained that the audit was "in a contradictory phase.

The TC reacted to the news posted on social networks, which reported the summons of 12 former members of BPC's Board of Directors to return to the State vehicles purchased with public funds.

According to an alleged TC report, highlighted in the news, "it is estimated that the managers had spent around 510 million kwanzas on the purchase of Lexus LX 570 Sport, Ford Ranger Wildtrack and Toyota Land Cruiser cars, in just two years".

In the reports, it is stated that at the time of the sale of the means they would have been "worth only 132 million kwanzas", which is four times less than the initial purchase price.

With this, it is estimated that in two years these former managers "caused BPC a loss of about 378 million kwanzas".

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