ISABEL DO SANTOS STOLE A FORTUNE IN MORE THAN $5BN IN STOLEN ASSETS
ISABEL DO SANTOS STOLE A FORTUNE IN MORE THAN $5BN IN STOLEN ASSETS.
The daughter off Angola’s former president allegedly siphoned hundreds of millions of dollars of public money into offshore accounts, according to the leaked documents.
On Monday, however, dos Santos vehemently denied any wrongdoing in an interview with Al Jazeera, calling the leak "a concentrated attack, a political attack" against her.
Released on Sunday, the so-called Luanda Leaks are based on a trove of more than 715,000 emails, charts, contracts, audits and accounts obtained by the International Consortium of Investigative Journalists (ICIJ) and shared with media organizations.
The Angolan government has hit ex-leader dos Santos's daughter with freezing the assets. The government has recovered more than $5bn in stolen assets.
The businesswoman whose father, Jose Eduardo dos Santos, ruled oil-rich Angola for almost 40 years until he stood down in 2017 - vehemently dismissed the claims. The 46-year-old billionaire has long denied that her business success is the result of nepotism and corruption.
Dos Santos left Luanda after her father's successor came to power in 2017, and now moves mostly between Lisbon and London.
Angolan businesswoman Isabel dos Santos visits the new started EFACEC Portuguese corporation's electric mobility industrial unit on February 5, 2018 in Maia. - Elder daughter of Angola's long reining
Isabel dos Santos was appointed head of Sonangol, Angola's state oil company, in 2016 [Miguel Riopa/AFP]
The former president's son, Jose Filomeno dos Santos, who is Isabel's half-brother, went on trial in early December for alleged corruption.
Dos Santos - whose net worth last year was estimated by Forbes magazine at $2.2bn - accused the media of spreading "lies". She has said she is considering running for president in Angola's 2022 election.
She defended her business dealings and said her efforts helped her country economically.
She says she has built over 10 commercial companies in Angola. Companies in retail so supermarkets, cinemas, shopping malls, media and telecoms , I have over 20,000 employees; I am one of Angola's largest taxpayers … This is a politically motivated attack.
The daughter off Angola’s former president allegedly siphoned hundreds of millions of dollars of public money into offshore accounts, according to the leaked documents.
On Monday, however, dos Santos vehemently denied any wrongdoing in an interview with Al Jazeera, calling the leak "a concentrated attack, a political attack" against her.
Released on Sunday, the so-called Luanda Leaks are based on a trove of more than 715,000 emails, charts, contracts, audits and accounts obtained by the International Consortium of Investigative Journalists (ICIJ) and shared with media organizations.
The Angolan government has hit ex-leader dos Santos's daughter with freezing the assets. The government has recovered more than $5bn in stolen assets.
The businesswoman whose father, Jose Eduardo dos Santos, ruled oil-rich Angola for almost 40 years until he stood down in 2017 - vehemently dismissed the claims. The 46-year-old billionaire has long denied that her business success is the result of nepotism and corruption.
Dos Santos left Luanda after her father's successor came to power in 2017, and now moves mostly between Lisbon and London.
Angolan businesswoman Isabel dos Santos visits the new started EFACEC Portuguese corporation's electric mobility industrial unit on February 5, 2018 in Maia. - Elder daughter of Angola's long reining
Isabel dos Santos was appointed head of Sonangol, Angola's state oil company, in 2016 [Miguel Riopa/AFP]
The former president's son, Jose Filomeno dos Santos, who is Isabel's half-brother, went on trial in early December for alleged corruption.
Dos Santos - whose net worth last year was estimated by Forbes magazine at $2.2bn - accused the media of spreading "lies". She has said she is considering running for president in Angola's 2022 election.
She defended her business dealings and said her efforts helped her country economically.
She says she has built over 10 commercial companies in Angola. Companies in retail so supermarkets, cinemas, shopping malls, media and telecoms , I have over 20,000 employees; I am one of Angola's largest taxpayers … This is a politically motivated attack.