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Angola: Angolan Billionaire's Assets Frozen in London Over Corruption Claims
allAfrica, 21 December 2023
Angolan billionaire and former president's daughter Isabel dos Santos lost a London court battle to prevent the freezing of £580 million ($734 million) of her assets,… Read more »
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Africa: How Enablers Facilitate Illicit Financial Flows - Evidence From Africa
TI, 5 December 2023
How do you quietly shuffle millions of dollars among 400 shell companies spread across 41 countries? With the help of an army of enablers. Read more »
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Angola: Supreme Court Orders New Seizure of Isabel Dos Santos' Assets
ANGOP, 7 December 2022
Angolan Supreme Court has ordered a new preventive seizure of the assets of the businesswoman Isabel dos Santos and her partners worth 1 billion US dollars, for suspected crimes of… Read more »
Angola Tycoon Isabel Dos Santos' Assets Frozen in Corruption Case
Isabel dos Santos, an Angolan billionaire and the daughter of a former Angolan president, lost a legal battle in London's high court to prevent the freezing of about $734 million (£580m) of her assets.
Unitel, an Angolan telecom giant, claims Dos Santos used company funds for personal gain while serving as director, leaving millions in unpaid loans. Dos Santos vehemently denies the accusations, calling it a political vendetta fueled by Angola's current president.
Despite frozen assets in other countries, the court deemed an additional freeze necessary, requiring further asset disclosure from Dos Santos by January.
InFocus
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Angolan Isabel dos Santos, daughter of late president Jose Eduardo dos Santos and once considered the richest woman in Africa by Forbes Magazine - told Deutsche Welle in a Skype ... Read more »
Investigative journalists have probed how Isabel dos Santos, daughter of former Angolan President José Eduardo dos Santos, built her business empire (file photo).
