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Allegations bite into business of 'Africa's richest woman

Published by Yahoo on Thu, 23 Jan 2020


Portuguese bank EuroBic said it will stop doing business with companies and people linked to its main shareholder Isabel dos Santos after an investigation accused the billionaire daughter of Angola's former ruler of murky dealings. The International Consortium of Investigative Journalists this week accused Dos Santos, who is reputed to be Africa's richest woman, of using 'unscrupulous deals' to build her fortune, estimated at $2 billion. The cache of documents is known as Luanda Leaks, named for Angola's capital, Luanda.
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