The one with the nickname “the princess” in Angola is now facing a new legal obstacle. Isabel dos Santos, the richest woman on the African continent, is accused of corruption. It must return more than 400 million euros worth of shares to the Angolan oil company Sonangol.
The fees are stacked on top of each other for Isabel dos Santos, Africa’s first female billionaire. This time, the Dutch arbitration institute is questioning the validity of a transaction it carried out with the Angolan state oil company Sonangol.
In 2006, it acquired shares in the Portuguese oil and gas group Galp Energia through a Dutch company. Measures with a total value of EUR 122 million which it must therefore return to Angola.
Isabel dos Santos had paid part of these shares in kwanza, the Angolan local currency useless outside the country, rather than in euros under the agreement. The defense states that it will appeal.
Isabel dos Santos is the daughter of former Angolan President JoséEduardo dos Santos. It is already being questioned by Luanda is delicious, this survey conducted by a consortium of journalists, including the editorial staff of RFI. The leak of secret documents allowed her to accuse her and her husband, who died last year, to have personally enriched himself with state property.
.
