Reuters exclusively reports Angola moves to seize Dos Santos-linked asset in Dutch court

Reuters exclusively reported that Angola has asked a Dutch court to hand over a half-billion-dollar stake in the Portuguese oil […] The post Reuters exclusively reports Angola moves to seize Dos Santos-linked asset in Dutch court appeared first on Reuters News Agency.

Reuters exclusively reports Angola moves to seize Dos Santos-linked asset in Dutch court

Reuters exclusively reported that Angola has asked a Dutch court to hand over a half-billion-dollar stake in the Portuguese oil company Galp linked to ex-first daughter Isabel Dos Santos. Angola’s government says top officials under former president Jose Eduardo dos Santos took advantage of high oil prices in the last decade to spin a global web of business deals that led to their personal enrichment at the country’s expense. Battered by COVID-19 economic fallout and mired in foreign debt, Angola is seeking to recover assets it says were siphoned off.

The post Reuters exclusively reports Angola moves to seize Dos Santos-linked asset in Dutch court appeared first on Reuters News Agency.