OUR NEWS

Africa's richest woman denies corruption allegation

March 12, 2018

 

 

The daughter of Angola's former president, Isabel dos Santos, has denied allegations of corruption when she was head of the state oil firm, Sonangol.

 

She described as entirely legitimate a payment of nearly $40m (£29m) to a Dubai-based company after she was dismissed from Sonangol.

 

She said, under Angolan law, public officials must continue in their roles until a replacement was found.

 

Last week, the public prosecutor's office opened an investigation into the alleged graft.

 

Angola's new president Joao Lourenco has taken a number of steps to tackle corruption and nepotism.

 

Ms dos Santos was fired in November. Her brother José Eduardo dos Santos was removed as head of the country's $5bn (£3.7bn) sovereign wealth fund months later.

Please reload

Recent Posts

Please reload

SUBSCRIBE TO OUR NEWSLETTER

Keep up to date with the latest news and services from Oakmark Global Vision

WEST AFRICA'S NO.1 ECONOMIC AGENTS

REGIONAL OFFICE

INTERNATIONAL OFFICE

CONNECT WITH US

SITE MENU

1 Kandi Close, Off Aminu Kano

Crescent, Wuse 2, Abuja F.C.T

Nigeria 

King Court, 17 School Road
Hall Green Birmingham
United Kingdom  B28, 8JG

+234 -(0)- 929 207 02
+234 (0) 808 643 0422

+44 (0) 121 244 1814
+44 (0) 746 625 2505

© 2020 Oakmark Global Vision Ltd - All Rights Reserved.

UK Company No. 07634879 / Nigeria Company No. RC 1288232

WEST AFRICA'S NO.1 ECONOMIC AGENTS
  • Grey Facebook Icon
  • Grey Twitter Icon
  • Grey Instagram Icon
  • Grey LinkedIn Icon