Angola: Billionaire Isabel dos Santos Loses Appeal For Access to Frozen Assets | Firstpost Africa

Angola’s Isabel dos Santos on Monday (October 31) lost an appeal to overturn an order freezing up to $778 million of her assets as part of a lawsuit at London’s High Court. Dos Santos, Africa’s first female billionaire, whose father Jose Eduardo dos Santos ruled Angola for 38 years until 2017, is being sued by Angolan telecoms operator Unitel in a case related to unpaid loans. Dos Santos has denied these charges and claimed she is a victim of a “campaign of oppression” by Angola’s current government.

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