Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,143,401 members, 7,781,157 topics. Date: Friday, 29 March 2024 at 10:03 AM

Isabel Dos Santos: Africa's Richest Woman Charged With Fraud - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / Isabel Dos Santos: Africa's Richest Woman Charged With Fraud (60008 Views)

How Isabel Dos Santos, Once Africa’s Richest Woman, Went Broke / Folorunso Alakija: My Oil Block And How I Became Nigeria's Richest Woman / Liliane Bettencourt Is Dead: World's Richest Woman Dies At 94 (2) (3) (4)

(1) (2) (3) (4) (5) (Reply) (Go Down)

Isabel Dos Santos: Africa's Richest Woman Charged With Fraud by Westdeliveryng: 12:23pm On Jan 23, 2020


Isabel dos Santos, Africa’s richest woman has been charged with fraud which took place during her stewardship of state-owned oil firm Sonangol.
Angola’s billionaire former first daughter Isabel dos Santo’s has been charged in the southern African country with money laundering and mismanagement during her stewardship of state-owned oil firm Sonangol, the Angolan prosecutor general announced on Wednesday.

Hundreds of thousands of files about dos Santo’s were obtained by the International Consortium of Investigative Journalists (ICIJ) and released by several news organisations on Sunday, dubbed the “Luanda Leaks”. They allege the daughter of ex-president José Eduardo dos Santos plundered state coffers to build her fortune, estimated at $2.1 billion (€1.82 billion).

“Isabel dos Santo’s is accused of mismanagement and embezzlement of funds during her tenure at Sonangol and is thus charged in the first instance with the crimes of money laundering, influence peddling, harmful management…forgery of documents, among other economic crimes,” prosecutor general Helder Pitta Gros told a news conference late Wednesday.

Portuguese news agency Lusa quoted Pitta Gros as saying that dos Santos had not directly shown any interest in collaborating with Angolan authorities. “At the moment, the concern is to notify and get them to voluntarily come to justice,” he added.

Dos Santos, who was chairwoman of Sonangol from June 2016 to November 2017 and amassed her fortune during her father’s decades-long presidency, could not immediately be reached for comment but has denied wrongdoing.

Investigations were opened after her successor Carlos Saturnino raised the alarm about “irregular money transfers” and other dodgy procedures.

Dubbed Africa’s richest woman, dos Santos is accused of using her father’s backing to plunder state funds from the oil-rich but poor African country, and of building her business empire by moving the money abroad with the help of Western firms, including transfers between Angola and Dubai.

Pitta Gros said dos Santos was among five suspects, all of whom were currently residing abroad.

Stakes held in major Portuguese companies

In Portugal, dos Santos holds significant stakes in several major firms including NOS and oil firm Galp Energia. Soon after the Angolan prosecutor’s announcement, dos Santos announced her decision to sell her stake in Portuguese bank Eurobic, the small lender said on Wednesday.

Dos Santos is Eurobic’s main shareholder but the bank said she had decided to withdraw from its shareholding structure and sell her stake. In a statement sent to Reuters, Eurobic said the selling process of the 42.5% stake had already started and dos Santos’s decision was “final”.

A spokeswoman for Portugal’s public prosecutor’s office confirmed to Reuters that Angola’s Pitta Gros and Portugal’s attorney general, Lucilia Gago, will meet in Lisbon on Thursday. She did not say what they will discuss.

Frozen assets in Angola

She stopped living in Angola after her father, who ruled the country with an iron fist for nearly 40 years, stepped down in 2017 for his anointed successor João Lourenço.

Angolan authorities froze Isabel dos Santos’s assets in the African country in late December following allegations by prosecutors that she and her husband Sindika Dokolo had steered payments of more than $1 billion from state companies Sonangol and Sodiam to firms in which they held stakes. Dos Santos and Dokolo denied wrong doing.

https://www.france24.com/en/20200123-billionaire-isabel-dos-santos-daughter-angola-s-ex-president-charged-fraud

7 Likes 2 Shares

Re: Isabel Dos Santos: Africa's Richest Woman Charged With Fraud by Nobody: 12:36pm On Jan 23, 2020
F






T






C grin

3 Likes

Re: Isabel Dos Santos: Africa's Richest Woman Charged With Fraud by Perfecttouchade: 12:46pm On Jan 23, 2020
Odikwa badt cheesy what a man can do, a woman can do it better cheesy

28 Likes 2 Shares

Re: Isabel Dos Santos: Africa's Richest Woman Charged With Fraud by Bola146(f): 12:47pm On Jan 23, 2020
Kilode?

3 Likes 1 Share

Re: Isabel Dos Santos: Africa's Richest Woman Charged With Fraud by dominique(f): 2:05pm On Jan 23, 2020
All the wealth she amassed as daughter of the president no do her. This woman's greed is out of this world. Diezani dey learn work where she dey

129 Likes 4 Shares

Re: Isabel Dos Santos: Africa's Richest Woman Charged With Fraud by Slawormir: 2:08pm On Jan 23, 2020
Damnnnnn niggarrr

"Investigations were opened after her successor Carlos Saturnino raised the alarm about “irregular money transfers” and other dodgy procedures."

Exactly!!! When they are in power them go dey misbehave.
We go soon know if buhari and his niggars were real niggarrrz when them dey power.
Just a matter of time.
May Allah give us a good successor after them buhari and his niggars leave office so that we go hear buhari scores. Whether he was corrupt or not

The present will always become the past

29 Likes 3 Shares

Re: Isabel Dos Santos: Africa's Richest Woman Charged With Fraud by lemon10(m): 2:08pm On Jan 23, 2020
d
Re: Isabel Dos Santos: Africa's Richest Woman Charged With Fraud by WalkerMichael(m): 2:08pm On Jan 23, 2020
Re: Isabel Dos Santos: Africa's Richest Woman Charged With Fraud by helinues: 2:08pm On Jan 23, 2020
What a man can do,a woman can also do better

1 Like 1 Share

Re: Isabel Dos Santos: Africa's Richest Woman Charged With Fraud by Designer123: 2:09pm On Jan 23, 2020
Parading herself as Africa's richest woman after stealing billions, while millions of people in her country live on less than $2 per day.

Contact me for your Logo and business card design. Check my dp

43 Likes

Re: Isabel Dos Santos: Africa's Richest Woman Charged With Fraud by browniecay: 2:09pm On Jan 23, 2020
Really?
Re: Isabel Dos Santos: Africa's Richest Woman Charged With Fraud by haywhy1026(m): 2:09pm On Jan 23, 2020
Lol�
Re: Isabel Dos Santos: Africa's Richest Woman Charged With Fraud by johnmattew: 2:09pm On Jan 23, 2020
long overdue
Re: Isabel Dos Santos: Africa's Richest Woman Charged With Fraud by damtan(m): 2:09pm On Jan 23, 2020
Too much greed
Re: Isabel Dos Santos: Africa's Richest Woman Charged With Fraud by Dottore: 2:10pm On Jan 23, 2020
There's no time you look the anus of a fowl without seeing shit.
Most billionaires are into one shady deal or the other from tax evasion to dealing on contrabands to prohibited firearms, to narcotics, to oil bunkery, to immigration and cheap labor racket, to over inflation of contract sums and kickbacks etc

104 Likes 9 Shares

Re: Isabel Dos Santos: Africa's Richest Woman Charged With Fraud by Lagbaja01(m): 2:10pm On Jan 23, 2020
I thought Alakija is the richest woman

34 Likes

Re: Isabel Dos Santos: Africa's Richest Woman Charged With Fraud by Iheoforlex: 2:10pm On Jan 23, 2020
I thought alakija was the richest woman in africa

22 Likes 1 Share

Re: Isabel Dos Santos: Africa's Richest Woman Charged With Fraud by baratech: 2:10pm On Jan 23, 2020
Nice

3 Likes 1 Share

Re: Isabel Dos Santos: Africa's Richest Woman Charged With Fraud by Nobody: 2:10pm On Jan 23, 2020
Everybody be criminal shocked
Re: Isabel Dos Santos: Africa's Richest Woman Charged With Fraud by anonimi: 2:10pm On Jan 23, 2020

9 Likes

Re: Isabel Dos Santos: Africa's Richest Woman Charged With Fraud by excomarow(m): 2:11pm On Jan 23, 2020
That name sound like Mexican.....
I thought Alakija is the Richest Woman in Africa...

15 Likes

Re: Isabel Dos Santos: Africa's Richest Woman Charged With Fraud by Nobody: 2:11pm On Jan 23, 2020
Allyson madueke on mind.....
She is running from her father's land. Let him come back home and face her count charges....

1 Like

Re: Isabel Dos Santos: Africa's Richest Woman Charged With Fraud by Beverlyjean(f): 2:11pm On Jan 23, 2020
Corruption is unending in poor nations

5 Likes 1 Share

Re: Isabel Dos Santos: Africa's Richest Woman Charged With Fraud by Lordjb: 2:12pm On Jan 23, 2020
Alakija grin

2 Likes

Re: Isabel Dos Santos: Africa's Richest Woman Charged With Fraud by Olayinka8793(m): 2:12pm On Jan 23, 2020
99 days for the thief............
Angola should come and import our Mr Integrity to help them fight kwarruption well well.
We will gladly dash them.

5 Likes

Re: Isabel Dos Santos: Africa's Richest Woman Charged With Fraud by kolaa007(m): 2:12pm On Jan 23, 2020
Please post a picture of the woman

1 Like

Re: Isabel Dos Santos: Africa's Richest Woman Charged With Fraud by luluosas(m): 2:12pm On Jan 23, 2020
Good
Re: Isabel Dos Santos: Africa's Richest Woman Charged With Fraud by naijazee2: 2:12pm On Jan 23, 2020
Hmmmmm
Re: Isabel Dos Santos: Africa's Richest Woman Charged With Fraud by Olarewaju89: 2:13pm On Jan 23, 2020
No. It long overdue.

Iheoforlex:
I thought alakija was the richest woman in africa

1 Like 1 Share

Re: Isabel Dos Santos: Africa's Richest Woman Charged With Fraud by harmbhrosz(m): 2:13pm On Jan 23, 2020
.
Re: Isabel Dos Santos: Africa's Richest Woman Charged With Fraud by SoNature(m): 2:13pm On Jan 23, 2020
Apart from Americans and Europeans who became stinking rich because of their ingenuity, most wealthy people are thieves

Modified

These guys didn't make money by stealing: Larry Page (Google), Mark Zuckerberg (Facebook), Larry Ellison (Oracle), Bill Gates (Microsoft), Jeff Bezos (Amazon), etc.

End the senseless mentions

19 Likes 1 Share

(1) (2) (3) (4) (5) (Reply)

How He Was Duped Of N50,000 In UBA In Lagos (photo) / CBN Reintroduces N65 Charges On Cash Withdrawals On ‘other Banks’ Atms / Mohammed Indimi's Wife Samira And Her 3 Daughters (pics)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 48
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.