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UK freezes Angola’s Isabel dos Santos’ assets, imposes travel ban

The UK has imposed a travel ban and asset freeze on Angolan billionaire, Isabel dos Santos under its global anti-corruption sanctions framework.

The UK has imposed a travel ban and asset freeze on Angolan billionaire, Isabel dos Santos under its global anti-corruption sanctions framework, the government announced on Thursday, according to Reuters.

Dos Santos, Africa’s first female billionaire, whose father, Jose Eduardo dos Santos, governed Angola for 38 years until 2017, has been under scrutiny for corruption allegations in Angola and internationally for an extended period.

However, Dos Santos refutes the accusations, asserting that she is the victim of a prolonged political vendetta, resulting in the freezing or confiscation of her assets in Angola and Portugal.

The UK government stated that Isabel dos Santos misappropriated over £50 million ($63.19 million) for personal gain during her tenure as head of Angola’s state oil company, Sonangol. Additionally, she allegedly diverted more than £300 million while managing the telecoms firm Unitel.

In September, Dos Santos lost her appeal to lift an order freezing up to £580 million ($778 million) of her assets in a lawsuit filed by Unitel at London’s High Court.

Interpol confirmed in 2022 that it had issued a red notice for dos Santos, who claims to reside in Dubai.

The British government also announced sanctions on seven other individuals as part of its global anti-corruption campaign.

 

Source: africa.businessinsider.com

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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