Africa’s Richest Woman Says Asset Freeze Dooms Her Companies
- Isabel dos Santos accuses Angola leader Lourenco of witch hunt
- Attorney General says state incurred losses of $1.14 billion
This article is for subscribers only.
Sign up to our Next Africa newsletter and follow Bloomberg Africa on Twitter
Isabel dos Santos, Africa’s richest woman and the daughter of former Angolan President Jose Eduardo dos Santos, said her businesses in Angola are set to fail after a court froze her assets and bank accounts in the oil-producing country.
“Freezing my accounts prevents me from being able to manage and recapitalize my companies,” Dos Santos, who has been living outside Angola since 2018, said in an emailed statement. “As such, they have all but been sentenced to death.”