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Portugal freezes Dos Santos accounts

Publish date: 13 February 2020
Issue Number: 696
Diary: Legalbrief Forensic
Category: Criminal

Portugal has ordered a freeze on bank accounts held in the country by Angola's former first daughter Isabel dos Santos who is accused of stealing state funds to build a massive business empire. 'The prosecutors have ordered a freeze on the bank accounts following a request by Angolan authorities,' a spokesman for Portuguese public prosecutors told AFP. Dos Santos 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. A report on the Al Jazeera site notes that he has been indicted by Angolan prosecutors for a host of top-level financial crimes, including money laundering and forging documents. Dos Santos and her associates have huge stakes in several Portuguese firms as well as bank accounts in the country.

Full report on the Al Jazeera site