Angola's Supreme Court has ordered the 'preventive' seizure of assets worth around $1 billion held by Isabel dos Santos, the daughter of the southern African country's former president, Portugal's Lusa news agency said on Tuesday.
Isabel dos Santos, daughter of Angola’s former President and Africa's richest woman, sits for a portrait during a Reuters interview in London, Britain, January 9, 2020. REUTERS/Toby Melville/File PhotoLISBON, Dec 27 - Angola's Supreme Court has ordered the "preventive" seizure of assets worth around $1 billion held by Isabel dos Santos, the daughter of the southern African country's former president, Portugal's Lusa news agency said on Tuesday.
The seizure also includes all of dos Santos's shares in Angolan company Embalvidro, as well as 100% of shares in Cape Verde's telecom company Unitel T+ and Unitel STP in Sao Tome e Principe, according to Lusa. Dos Santos has faced corruption accusations for years. In 2019, Angola's Supreme Court ordered the seizure of her assets for allegedly steering state funds to companies in which she held stakes during her father's presidency, including oil giant Sonangol.
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