Investigation finds stashed Millions of Euros belonging to former Angolan First Daughter

Under criminal investigation: Isabel Dos Santos; Courtesy Photo

Millions of Euros have been discovered in a safe deposit box belonging to the former first daughter of Angola, Isabel dos Santos at a Bank in Portugal.

Ms Isabel dos Santos is under criminal investigation for corruption and her assets in the country were frozen by authorities in Angola.

Reports indicate that the funds were unearthed by the International Consortium of Investigative Journalists in collaboration with Portuguese new agencies undertaking the probe.

According to Forbes, Isabel is Africa’s Richest Woman. However, she is suspected to have illegally accrued wealth under the protection of her dad, Jose Eduardo dos Santos who ruled Angola for 38 years.

Isabel dos Santos got access to lucrative deals involving land, oil, diamonds and telecoms when her father was president of Angola, a southern African country rich in natural resources.

Early this year, authorities in Angola issued charges of money laundering, influence peddling, harmful management and forgery of documents among other economic crimes against her.

Ms Dos Santos says the allegations against her are entirely false and that there is a politically motivated witch-hunt by the Angolan government.

The former president’s daughter has made the UK her home and owns expensive properties in central London.

One of the most suspicious deals was run from London through a UK subsidiary of the Angolan state oil company Sonangol.

Ms Dos Santos had been put in charge of the struggling Sonangol in 2016, thanks to a presidential decree from her father Jose Eduardo dos Santos, who kept a tight grip on his country for the 38 years he was in power.

But when he retired as president in September 2017 her position was soon under threat, even though his hand-picked successor came from the same party. Ms Dos Santos was sacked two months later.



Please enter your comment!
Please enter your name here