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Reteurs
February 12, 2020

Portugal prosecutor orders seizure of Isabel dos Santos accounts

(Reuters) - Portugal's public prosecutor said on Tuesday it had ordered the seizure of Portuguese bank accounts belonging to Isabel dos Santos, who is a suspect in a fraud investigation in Angola.

Dos Santos, the daughter of former Angolan president Jose Eduardo dos Santos, was not immediately available for comment. She has repeatedly denied any wrongdoing in the past weeks.

"The public prosecutor's office requested the seizure of bank accounts (belonging to Isabel dos Santos) as part of a request for international judicial cooperation by the Angolan authorities," a spokeswoman for the prosecutor's office said....

Portugal's central bank declined to comment

A banking source familiar with the case told Reuters that accounts held by dos Santos were seized at Millennium bcp (BCP.LS), Portugal's largest listed bank.

https://www.reuters.com/article/us-angola-dossantos-portugal-idUSKBN2052B3

Saw this coming
On September 29 , 2013 Anonymous6 shared a thread on Nairaland about Angola helping out Portugal.
At that time president Eduardo Dos Santos was still in power. The article echoed the big financial boost
the African country provided Portugal with when that European country' s economy was in the red.

Here is a segment
<<
Portuguese banks suffered heavy losses when the global financial crisis struck, as did their foreign shareholders. This did not discourage Sonangol, which helped Millennium BCP to recapitalise, enlisting the help of Bank of Brazil and a Chinese bank, yet Millennium BCP had too much exposure to Greek debt and posted a net loss of 786m for 2011. By contrast, Millennium BCP’s subsidiaries in Mozambique and Angola saw profits rise by 50%.
https://www.nairaland.com/1458928/angola-helps-out-portugal
>>

Response

Wait until Dos Santos dies. Portugal will seize all the assets and claim that the man was a dictator. His daughter who has invested a lot of money out there will see all doors closed in her face when she asks for any legal help in Europe.
Panafrican
September 29 , 2013
https://www.nairaland.com/1458928/angola-helps-out-portugal

President Dos Santos has not died but he is not in power today .See what his daughter is going through .
Anyone in here planning to be president in an African country is warned.

smh I can't say I am surprised, thanks for the updated information.

Many European countries stole billions of dollars from Gaddafi' s assets after his death.

panafrican:
Many European countries stole billions of dollars from Gaddafi' s assets after his death.

doesn't surprise me either but Gaddafi had it coming to be honest.