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Isabel dos Santos
Angola’s Supreme Court on Friday handed a five-year jail sentence to Jose Filomeno dos Santos, the son of the oil-rich country’s former president, for fraud when he headed the national sovereign wealth fund.
Angola's attorney general said on Thursday that he did not rule out issuing an international arrest warrant against billionaire businesswoman Isabel dos Santos, suspected of corruption in her native country and Portugal.
Angolan billionaire Isabel dos Santos called on Tuesday for a corruption case against her to be dropped, accusing Angolan authorities of using forged documents including a bogus passport to get courts to seize her assets.
Angola’s former first son Jose Filomeno dos Santos has spent hours contemplating the marble floor and wood-panelled walls of Luanda’s Supreme Court where he has been on trial since December.
Angola’s ex-president has defended his son and a former central bank governor who are accused of embezzling $500 million from the country’s sovereign wealth fund, court documents showed on Tuesday.
Portugal, in a sensational show of action, has ordered a freeze on bank accounts held in the country by Angola's billionaire former first daughter Isabel dos Santos, as the fraud case against her catches steam.
For the ninth year in a row, Aliko Dangote of Nigeria has been declared as the wealthiest person in Africa, with an estimated net worth of $10.1 billion.
Angolan billionaire Isabel dos Santos plans to take legal action against media who published a vast enquiry dubbed "Luanda Leaks" about the origin of her fortune, according to a statement issued on Tuesday by her Portuguese PR firm.
Lawyers for a Portuguese computer hacker said on Monday he was responsible for revealing the dealings of Angolan billionaire Isabel dos Santos, a corruption scandal with fallout across Europe and Africa.
Angola's chief prosecutor on Friday said funds that Isabel dos Santos - who is accused of stealing millions of dollars from state companies - invested in Portugal had been embezzled from her home country.
Isabel dos Santos, 46, the daughter of Angola’s long-running leader of 38 years, was mostly seen as untouchable in Luanda.
Allegations of corruption swirling around his predecessor's daughter have set a crucial test for Angolan President Joao Lourenco in his vow to reform a country rich in oil and tainted by graft.
Mario Leite da Silva, who was chairperson of Banco de Fomento Angola (BFA), the third largest bank in the country, made his announcement in the letter dated January 20, a day after his name appeared in a trove of leaked documents alleging illicit enrichment by the billionaire daughter of former president Jose Eduardo dos Santos.
Angola's billionaire former first daughter Isabel dos Santos has been charged with money laundering and mismanagement during her stewardship of state-owned oil firm Sonangol.
Authorities in Angola have said they will use "all possible" means to bring back Isabel dos Santos, the billionaire daughter of the country's former president, after thousands of leaked documents revealed new allegations she siphoned off hundreds of millions in public money.
Angola has frozen the assets of Isabel dos Santos, the billionaire daughter of former Angolan President Jose Eduardo dos Santos in a sign that President Joao Lourenco is taking a tougher line against the former first family.
The daughter of former Angolan president Jose Eduardo dos Santos has denied allegations of financial irregularities after a court froze her bank accounts, calling the claims “politically motivated”.
The Lagos State House of Assembly says a bill that will make operators of lottery, pools and betting in the state to pay N20 million as licence fees to the state government is underway.
Facebook is launching a new digital platform that will let event organizers create paid online events to try to fill the gap created by the COVID-19 pandemic, the social media giant announced on Friday.
The Managing Director of Cross River Basin Development Authority has been suspended from office by the board of the agency.
The National Working Committee (NWC) of the Peoples Democratic Party (PDP), acting on behalf of the National Executive Committee (NEC), has reconstituted the Kaduna State Caretaker Committee.
American singer and songwriter, Miley Cyrus, says she lost her virginity to her ex-husband, actor Liam Hemsworth at the age of 16.
Some of the applicants who wrote the Computer Based Test for Oyo State teaching job have commended the state government for its preparedness and adherence to COVID-19 safety protocols in the conduct of the examination.
Soldiers under Operation Sahel Sanity have succeeded in arresting about 22 suspected bandits, informants, and their food suppliers during various operations conducted in Katsina and Zamfara states.
About 13 persons were feared dead in an early morning attack on Ukpogo community, Edikwu Apa Local Government Area of Benue State, yesterday, by suspected armed militia gang over disputed chieftaincy stool.
The Nigeria Centre for Disease Control (NCDC) has confirmed 437 new cases of the coronavirus (COVID-19), bringing the total number of infections in the country to 46,577.
Plateau United goalkeeper Dele Ajiboye has expressed confidence that Nigeria’s representative in the CAF Champions League will surpass its previous outing in the continent when the season begins.