2023-06-23 12:45:09
Isabel dos Santos, the daughter of former Angolan President José Eduardo dos Santos, who died in July 2022, embezzled 52 million euros from Angola’s national oil company, Sonangol, a Dutch court has heard.
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A sum from which she benefited Exem Energy BV, a company under Dutch law which she owned with her late husband, concluded the Chamber of Companies, a body under the Amsterdam Court of Appeal, in a decision dated June 15 and made public this Thursday.
Corruption
The court ruling is the latest in a series of judgments once morest a businesswoman ranked by Forbes as the continent’s richest in 2013.
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The ex-billionaire is accused of embezzling billions of dollars from public companies during the forty-year reign of her father, José Eduardo dos Santos.
Payment of dividends
” Many people [morales] cooperated in this disgraceful state of affairs which led […] [Isabel dos Santos] to fraudulently obtain 52.6 million euros in resources,” the court said in its judgment. The money would have been misappropriated through dividend payments.
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The accused, 50, has always denied any wrongdoing and denounced all charges once morest her as a politically motivated witch hunt since President João Lourenço came to power in 2017.
(with AFP)
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