Home World news Britain imposes asset freeze, journey ban on Angola’s Isabel dos Santos •...

Britain imposes asset freeze, journey ban on Angola’s Isabel dos Santos • International South World

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Britain has imposed a journey ban and an asset freeze on Angolan billionaire Isabel dos Santos below its world anti-corruption sanctions regime, the British authorities mentioned on Thursday.

Dos Santos, whose father Jose Eduardo dos Santos dominated Angola for 38 years till 2017, has confronted corruption accusations in Angola and elsewhere for years.

Africa’s first feminine billionaire denies the allegations and says she is the goal of a long-running political vendetta.

The federal government mentioned dos Santos misappropriated greater than 50 million kilos ($63.19 million) for her personal monetary profit whereas she run Angolan state oil agency Sonangol.

It additionally mentioned she misappropriated greater than 300 million kilos whereas she was director of telecoms firm Unitel .

Dos Santos misplaced an attraction to overturn an order freezing as much as 580 million kilos of her property in September as half a lawsuit at London’s Excessive Court docket introduced by Unitel.

International police company Interpol confirmed in 2022 it had issued a pink discover for dos Santos, who says she lives in Dubai.

The British authorities has added seven different designations focusing on different people below the identical world anti-corruption case.

This text was produced by Reuters information company. It has not been edited by International South World.



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