Portugal has ordered a freeze on bank accounts held in the country by Angola’s billionaire former first daughter Isabel dos Santos, who is accused of stealing state funds to build a colossal business empire. International media outlets published an inquiry dubbed “Luanda Leaks” on January 19, claiming that dos Santos fraudulently accumulated a fortune estimated at $2.1 billion. Dos Santos, 46, has been living in Europe since Angolan President Joao Lourenco fired her as head of the state oil company Sonangol in 2017, soon after he took over from her father. She has been indicted by Angolan prosecutors for a host of top-level financial crimes, including money laundering and forging documents.
SOURCE: AL JAZEERA
About Post Author
More Stories
How to Experience Lagos and Parts of Nigeria
From Former Refugee to Travel Fundi
Living Wild in Zambia’s National Park
A Traveller’s Guide to the Kgalagadi Transfrontier Park
Rwanda is Home to Many other Thrilling Species – If you Know Where to Look
Akwasi Brenya-Mensa on Tatale: “My Work is About What African Cuisine Will Look Like in 30 to 50 Years’ Time”
Behold ‘The Woman King’: Viola Davis as a Real-Life Warrior General
10 Questions With… Nfemi Marcus-Bello
Meet the Ghanaian Author Documenting the History of African Designers
Beyoncé Has Helped Usher in a Renaissance for African Artists
Angola’s Privatisation Campaign is an Experiment
Trouble in Abuja’s Airspace