Critics have also accused Sonangol -- which is both concession-granter and regulator of the industry -- of acting as a way to funnel part of the oil revenues to the political elite.
"FHFA's determination to direct each company to delist does not constitute any reflection on either's current performance or future direction, nor does delisting imply any other findings or determination on the part of FHFA as regulator or conservator, " said FHFA Acting Director Edward J.