The Malta Business Weekly

Millions of euros discovered in safe deposit box belonging to Isabel dos Santos

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Still in parts uncertain – and threatened now with the probabilit­y of an internatio­nal arrest warrant – former first daughter of Angola Isabel dos Santos is back on the front pages after millions “in cash” were discovered in a safe deposit box that she holds at a branch of Novo Banco in Porto.

Reports are not specific on the currency/currencies involved. Just that they amounted to “millions” and “part of the €280 million seized by Portuguese authoritie­s” as a result of the massive investigat­ion launched on the back of “Luanda Leaks” – an exposé that claims dos Santos has pillaged the Angolan State to the tune of billions.

Over 60 separate searches are understood to have taken place last week, gathering informatio­n on the case and on all the various associates allegedly involved.

At least one search went ahead in the

Algarve – in Quinta da Lago – where dos Santos has a holiday home, owned by a company based in Malta.

Meantime, the heat of this investigat­ion is rising.

Angolan Attorney General Hélder Pitta Grós has confirmed that judicial authoritie­s in his country are working in “total tune” with counterpar­ts in Portugal and “if there is necessity to reach this point” will be issuing an internatio­nal arrest warrant.

dos Santos in the meantime, protesting her innocence since the outset, is said to be seeking to challenge the seizure of her Portuguese assets in the European Court of Human Rights.

dos Santos has always maintained that she is the victim of a political witch-hunt. This is why she has remained in “parts uncertain”, explain reports. She does not believe she would receive a fair trial if she returned to Angola to defend herself.

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