They pass the years and the tactics of the draft doesn't change. SISTEC continues to maintain monopoly of shares of the State

In folha8.blogspot.com

Revelations obtained by F8 in Luanda give bill that Sistec, an Angolan company essentially linked to the branches of the computer science and of the telecommunications; it will be involved in that can be one of the largest frauds financial of business forum known in Angola in the last 22 years.

The facts to that underlying, revealed by an identified source that asked for the anonymity, they appear for a systematic escape to the tax collection, fraudulent obtaining of contracts of supplies and sale done by superior price to the normal. They confirm her such facts, also, they can be seen as a conspiracy against the Angolan people, if he has in bill that the fiscal taxation is the most effective way of social solidarity, instituted by the regime of this Country, where 61 percent of the population lives in state of virtual poverty. The source of F8 affirms that you swindle are them to real source of incomes of SISTEC that, for instance, sale done by superior price to the normal frequently, in the order of 100 percent, the material supplies and equipments to the Angolan Armed forces, FAA.

In 1994, when SISTEC he made money three million of dollars in businesses with FAA, Angolan Armed forces, a supply of radios PRC bought to TransWorld Communications (TWC), for the value of two million dollars, it was collected by the double of her value, it indicated the source. He said that it is this variant of the crooked deal that allows "the emergence of big rich inside of the company" and that it is for this middle that linked individuals to institutions of the State become shareholders of the company. Attributing fraudulent contracts to SISTEC and allowing the values of the supplies to be sale done by superior price to the normal, linked individuals to the State start to have profit sharing of the company. These, the profits, are abundant, according to the source that revealed that in the end of 1994 a group of six titular of seven shares obtained individual incomes gives 500 thousand American dollars.

The informant of F8 affirms that, in 1993, when the company crossed a financial crisis and he didn't have money to pay the customs rights, Mr. Rui Santos, reduced for the half the value of some import invoices. In that way he would declare to the Customs an inferior value to the that should pay in rates and tax’s.

The source points just so an originating from supply the Technique (Far East) Ltd, a firm of Hong-Kong that is property of a Portuguese known by Finance.

The supplier sent two invoices types, being an "invoice" (in) with the true price of the supply, and other "Customes" (C.U.) with a price 40 inferior percent and fictitious alleged.

When declaring to the Customs, Sistec presents the invoice (C.U.), of the which supposedly still deduces 50 percent, and, when fastening the price he makes it with base in the value of the invoice "in" multiplied by 1,7, that it is the value of the rates, taxes and of the freight.

Of that it sorts things out, it esteemed the source, the Customs, Insurance Company, Carriers and the Consumers are deceived.

* In FOLHA 8, September 26, 1997