The Supreme Court (TS) of Angola ordered the seizure of assets of the businesswoman Isabel dos Santos, worth one billion dollars (941 million euros).
According to the sentence to which Agência Lusa had access today, the Supreme Court’s criminal court affirms that the embargo also covers all bank balances of titled or co-titled current deposits, based in all banking institutions, including deposit accounts to terms, other financial applications that are associated or securities records in the name of Isabel dos Santos.
According to the order, dated December 19, quoted this Tuesday by the Angolan press, several tangible assets, bank accounts, 100% of the shares of the businesswoman UNITEL and 70% of the shares of the UPSSTAR Comunicação company that “the defendant is beneficial owner.”
The judges believe that the positions of Isabel dos Santos in the Angola telecommunications company were bought with money from Sonangol.
Indications of the crime of “embezzlement, influence peddling, economic participation in businesses and money laundering” are at stake.
Isabel dos Santos is also the subject of an international arrest warrant issued by the Angolan justice system.
According to the court order, Isabel dos Santos will have harmed the Angolan State in total amounts of more than 200 million euros, committing crimes of embezzlement, qualified fraud, illegal participation in businesses and money laundering.
*News updated at 10:24 am
Source: TSF
