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Net closing on Isabel dos Santos

Publish date: 29 June 2020
Issue Number: 879
Diary: IBA Legalbrief Africa
Category: Tenders

Angola's Attorney-General yesterday said he did not rule out issuing an international arrest warrant against billionaire businesswoman Isabel dos Santos who is being investigated in a major corruption case. 'We are working in co-operation with the Portuguese authorities. And if the need arises... to get to that point, we will see how to proceed,' said Helder Pitta Gros at a Luanda press conference. A report on the News24 site notes that Dos Santos who is believed to be the wealthiest woman in Africa, is accused of diverting billions of dollars from state companies during her father Jose Eduardo dos Santos' near four-decade rule of the oil-rich African nation. A Luanda court in December issued a 'preventative' order to freeze her business assets as part of a crackdown on graft by the former President's successor, Joao Lourenco.

Full Fin24 report

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