Angola in a clampdown
Isabel dos Santos has been named as a suspect in a probe over alleged mismanagement during her time as chairperson of Sonangol, Angola’s state oil company, a position she was appointed to by her father, ex-president Jose Eduardo dos Santos.
Four others were also named on state TV late on Wednesday by the country’s prosecutor general, Helder Pitta Gros. One of the suspects, the director of private banking at Lisbon-based lender EuroBic, Nuno Ribeiro da Cunha, was found dead at his home in Portugal late on Wednesday, Portuguese newspaper Jornal Economico said on its website. The inquiry covers the period that Dos Santos served as chair of Sonangol, from June 2016 to November 2017.
This comes after the International Consortium of Investigative Journalists released documents showing how Dos Santos built a multibillion dollar empire via mostly questionable deals involving state assets during her father’s 38-year tenure. Earlier this month, a court in Angola froze her assets and bank accounts.
Among those named by the prosecutor are Mario Leite da Silva, an executive close to Dos Santos and chairperson of Banco de Fomento Angola, and Paula Olveira, owner of Dubai-based consulting firm Matter Business Solutions. –