Luanda, ANGOLA, August 16 - The Parliamentary Group of CASA-CE coalision intends to challenge the Law on the Repatriation of Financial Resources Deposited Abroad, due to its "ineffectiveness and discrimination," said its president, André Mendes de Carvalho.,

The law was passed last May in parliament, the presidential initiative diploma provides that Angolans with deposits of more than 100,000 dollars abroad and undeclared will have six months to repatriate to Angola, without being subject to any criminal, tax or other investigation or exchange rate.

 

Speaking to journalist, on the sidelines of the closing ceremony of the 1st legislative session of the 4th legislature of the National Assembly.

 

The MPy said he still have "many doubts" about the recovery of the money abroad, besides being "discriminatory." "It is an unjust law, it is ineffective and bad.

 

 

The parliamentarian said that the diploma is ineffective for exempting the recovery of assets acquired illicitly with state money and for not including citizens with money from the existing treasury within the country. "I have many doubts that the law can be effective."

 

FNLA party MP Lucas Ngonda agrees with his CASA-CE counterpart, although he praises the presidential legislative initiative.

 

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