Portugal freezes bank accounts of Isabel Dos Santos

Portugal freezes bank accounts of Isabel Dos Santos

Portugal has frozen the bank accounts of Africa's richest woman Isabel dos Santos, who claims Russian citizenship by birth and is suspected of fraud in her native Angola.

Global media outlets released a query called "Luanda Leaks" on January 19, declaring that dos Santos fraudulently built up a fortune approximated at $2.1 billion (1.9 billion euros).

The Angolan PGR confirms that it has requested Portugal to freeze the businesswoman's accounts, within the framework of requests for cooperation related to the "Luanda Leaks", whose worldwide investigation revealed more than 715 thousand files, detailing financial schemes of Isabel dos Santos and her husband, Sindika Dokolo.

Worldwide media outlets published an inquiry dubbed "Luanda Leaks" on 19 January claiming that Dos Santos fraudulently accumulated a fortune estimated at $2.1 billion (€1.9 billion).

She has denied the "unfounded accusations and false claims, quot; and said she has taken steps "to act legally, quot; against the media that published them".

Last month, Angola named dos Santos a formal suspect over allegations of mismanagement and misappropriation of funds during her time as chairwoman of state oil company Sonangol.

She has actually been arraigned by Angolan prosecutors for a host of high-level financial criminal offenses, consisting of money laundering and creating files.

Dos Santos and her partners have big stakes in a number of Portuguese companies along with bank accounts in the nation.



Other news