Isabel dos Santos, the daughter of the former president of Angola, is accused of taking advantage of her father's position to gain huge fortune.
The new document was published on January 19 by the Federation of International Investigative Journalists (ICIJ) in New York, entitled "Luanda Leaks" with a focus on 46-year-old female billionaire Isabel dos Santos.
"Based on a confidential record of more than 715,000 documents, our investigation team discovered a flawed international control system, allowing a professional services company to lend a hand to those in power. without any doubts, "ICIJ wrote.
Documents show that dos Santos was awarded lucrative contracts relating to land, oil, diamonds and telecommunications when his father was president of Angola, the southern African country with abundant natural resources. .
Dos Santos and her husband are said to have bought a series of valuable assets of the country in shady deals and became the richest female billionaire in Africa. Angolan authorities opened a criminal investigation with dos Santos and froze her property in the country.
However, dos Santos is living in the UK and owns many luxury properties in London. She said all accusations against her were wrong and was a "witch hunt" that motivated the political government of Angola.
According to an ICIJ investigation, many Western consulting firms, such as the UK-based PwC and the US-based Boston Consulting Group (BCG), have "turned a blind eye to the suspicious behavior" to help dos Santos disperse. The money that this lady "gouged" out of the country.
Dos Santos' lawyer denied ICIJ's allegations, saying that it was a "coordinated and well-calculated attack" orchestrated by Angolan authorities. "It is clear that my client has become the target of an attack to destroy her reputation and her business," said dos Santos' lawyer.
The daughter of the former Angolan president was once the head of the Sonangol national oil company. After his election in 2017, Angolan President Joao Lourenco forced dos Santos to leave the position of leader of the oil company. Ms. dos Santos on January 15 announced her running for president in 2022. Last year, Forbes magazine estimated her total assets to be $ 2.2 billion.
ICIJ is also a group that has collaborated with newspapers such as Suddeutsche Zeitung in Munich, Germany to reveal the "Panama Papers" about the shocking tax haven in 2016.