Tag: dos Santos, Isabel

Can Western Firms Stop Profiting From Poor Nations’ Corruption?

Isabel dos Santos’s secret to becoming a billionaire in Angola, one of the world’s poorest countries, was simple. She got her dad, José Eduardo dos Santos, Angola’s president, to give her money from the nation’s treasury. O.K., it wasn’t quite that simple. A maze of shell companies, overseas tax havens and complex management and investment […]

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Africa’s Richest Woman Set to Face Charges in Angola Over Embezzlement

LUANDA, Angola — Isabel dos Santos, Africa’s richest woman and the daughter of Angola’s former president, is set to be charged with committing crimes to enrich herself, after an investigation into embezzlement of millions of dollars from the state oil company, which she once headed, Angolan officials said. Angola’s attorney general, Hélder Pitta Grós, said […]

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Africa’s Richest Woman Is Barred From Her Bank and Under Investigation

Isabel dos Santos, Africa’s richest woman and the daughter of Angola’s former president, is under scrutiny by her bank and the Angolan government after a leak of more than 700,000 documents showed how she exploited the country’s wealth to enrich herself. EuroBic, a Lisbon-based arm of a bank where Ms. dos Santos is the biggest […]

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How U.S. Firms Helped Africa’s Richest Woman Exploit Her Country’s Wealth

LISBON — It was the party to be seen at during the Cannes Film Festival, where being seen was the whole point. A Swiss jewelry company had rented out the opulent Hotel du Cap-Eden-Roc, drawing celebrities like Leonardo DiCaprio, Naomi Campbell and Antonio Banderas. The theme: “Love on the Rocks.” Posing for photos at the […]

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