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.




Investigative journalists have probed how Isabel dos Santos, daughter of former Angolan President José Eduardo dos Santos, built her business empire (file photo).

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