Friday, November 22
Shadow

Revealed: how Angolan ruler’s daughter used her status to build $2bn empire

Revealed: how Angolan ruler’s daughter used her status to build $2bn empire

Leaks show how Isabel dos Santos became Africa’s richest woman at expense of Angolan state

The complex financial schemes that helped Africa’s richest woman amass a fortune at vast cost to the Angolan state can be revealed for the first time after a huge leak of confidential documents from her business empire.

Isabel dos Santos, who is known as “the princess” in Angola, the oil-rich nation her father ruled as president for almost four decades, has long denied that her estimated $2.2bn (£1.7bn) fortune is the result of nepotism or corruption.

Continue reading…

Go to Source