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An official probe into a corrupt oil deal with Nigerian companies is worrying the political class and could upset calculations in the coming elections

São Tomé e Príncipe holds its much delayed presidential election in July. Meanwhile, a parliamentary inquiry into claimed corruption over an oil project with Nigeria is upsetting the political elite, as the second bidding round for offshore oil leases is due later this year. President Fradique Bandeira Melo de Menezes is nearing the end of his second and final term (AC Vol 47 No 7). His old ally, the current Prime Minister, Patrice Trovoada, will be standing for president but his prospects suffer from the poor reputation of the government he now heads....

(This article contains approximately 1152 words)

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Keywords:

Nigeria, Fradique Bandeira Melo de Menezes, Patrice Trovoada, Miguel Trovoada, Aurélio Martins, Angolan, Manuel Pinto da Costa, Francisco Higino Lopes Carneiro, Maria das Neves, Elsa Pinto, Oil exploration disappoints, South Africa, Luís Prazeres, United States, Brazil, India, British, Irish, Norwegian, Peter Ntephe, Emeka Offor, Sani Abacha, Olusegun Obasanjo, Marc Wabara, France, China, Afonso Varela, Roberto Raposo, Movimento de Libertação de São Tomé e Príncipe-Partido Social Democrata, Movimento de Libertação de São Tomé e Príncipe, Movimento Popular de Libertação de Angola, Sociedade Nacional de Combustíveis de Angola, Agência Nacional de Petróleo, Sociedade de Gestão de Participações Financeiras e Gestão de Empreendimentos