Isabel dos Santos Loses Fight against an Application to Freeze Million Dollar Assets
The Angolan billionaire, whose father Jose Eduardo dos Santos ruled Angola for 38 years until 2017 – is being sued by Angolan telecoms operator Unitel. Unitel
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The Angolan billionaire, whose father Jose Eduardo dos Santos ruled Angola for 38 years until 2017 – is being sued by Angolan telecoms operator Unitel. Unitel
Thursday, December 21, 2023 – Africa's first female billionaire and the daughter of a former Angolan president, Isabel dos Santos, has today lost her bid to prevent up to £580million of her assets from being frozen. Isabel is being sued by telecoms operator Unitel SA, a company she founded during her father Jose Eduardo dos Santos'…
She is being sued by Unitel over loans made while she was a director of the telecoms company.
LONDON,- Angolan billionaire Isabel dos Santos on Wednesday lost her fight against an application to freeze up to 580 million pounds ($735 million) of her assets in a lawsuit at London's High Court. Dos Santos – Africa's first female billionaire, whose father Jose Eduardo dos Santos ruled Angola for 38 years until 2017 – is…
Judge Robert Bright, of a British commercial court, has decided to freeze around 580 million pounds (670 million euros) controlled by Angolan businesswoman...