Angola’s Dos Santos vows ‘ready to fight’ graft claims

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Isabel Dos Santos Angola's Dos Santos vows 'ready to fight' graft claims
Isabel dos Santos

Isabel dos Santos, the tycoon daughter of Angola’s ex-president who is at the centre of an anti-graft investigation, on Thursday vowed she was ready to fight against what she called “misleading and untrue” allegations.

Dos Santos, dubbed ‘the princess’ in Angola, is accused of using her father’s influence to steal millions of dollars from state companies and siphon the funds overseas during his rule.

The allegations stretch across Angola’s state oil and diamond industries and banks to Lisbon. Named in the probe, the head of one of Angola’s largest banks has resigned while a Portuguese banker has been found dead in an apparent suicide.

Angola’s prosecutors have accused dos Santos of mismanagement and embezzlement of funds during her tenure at Sonangol, Angola’s state-owned oil giant which she once headed during her father’s rule.

But Dos Santos on Thursday countered the claims.

“The allegations which have been made against me over the…



Source: Vanguard Newspaper