Isabel dos santos
Angolan court sentences ex-leader's son to 5 years for fraud
Jose Filomeno dos Santos, 42, was summoned before court in December over allegations he tried to embezzle up to $1.5 billion (€1.3 billion) from the sovereign...
Described by Forbes magazine as the wealthiest woman in Africa, Isabel dos Santos is accused of diverting billions of dollars from state companies during her father Jose Eduardo dos Santos's nearly 40-year rule of the oil-rich southern African nation.
Dos Santos, 47, described by Forbes as the wealthiest woman in Africa, is accused of diverting billions of dollars from state companies during her father Jose Eduardo dos Santos's near four-decade rule of the oil-rich African nation.
Isabel Dos Santos, said to be the wealthiest woman in Africa, is accused of diverting billions of dollars from Angolan state companies during her father Jose Eduardo dos Santos's near four-decade rule of the oil-rich African nation.
The 47-year-old tycoon and her Congolese husband Sindika Dokolo are accused of syphoning off more than $1 billion from Angolan state companies.
Jose Filomeno dos Santos is the first dos Santos member to stand trial since President Joao Lourenco launched a purge of Jose Eduardo dos Santos' administration in a bid to tackle graft soon after he took over in 2017.
International media outlets published an inquiry dubbed 'Luanda Leaks' on 19 January claiming that Dos Santos fraudulently accumulated fortune estimated at $2.1 billion (€1.9 billion).
Isabel dos Santos said the documents released last week by the ICIJ and its media partners were part of a 'concerted and intense campaign' against her.
The hacker, Rui Pinto, is already well-known for claiming to be behind 'Football Leaks' - 70 million documents exposing dealings of several football clubs.
Angola's prosecutors accuse dos Santos of mismanagement and embezzlement of funds during her tenure at Sonangol, Angola's state-owned oil giant.
Nuno Ribeiro Da Cunha was named as Dos Santos’ co-accused in charges brought by Angolan authorities on Thursday.
The British-educated tycoon and eldest daughter of ex-president Jose Eduardo dos Santos has been charged in Angola with money laundering and mismanagement during her stewardship of state-owned oil firm Sonangol.
The charges against the billionaire include money laundering, influence peddling and harmful management.
A spokesman for Portugal’s prosecutor’s office said it would investigate reports about dos Santos while the central bank said it had asked Eurobic bank about transfers between Angola and Dubai, following the same reports.
Leaked documents on Sunday brought international scrutiny to the $2 billion business empire of Isabel dos Santos, daughter of former leader José Eduardo dos Santos.
Dos Santos left Luanda after her father's successor President Joao Lourenco came to power in 2017, and now moves mostly between Lisbon and London.
Its latest series called 'Luanda Leaks' zeros in on Isabel dos Santos, the daughter of former Angola president Jose Eduardo dos Santos.
In a letter to Angola's parliament and constitutional court, Jose Eduardo dos Santos distanced himself from investigations into illicit enrichment during his rule.
Asked in an interview whether she would be interested in the role of president, which is next up in 2022, dos Santos said: 'It’s possible'.