Tuesday 6 March 2018

Angola state oil firm probes $38m Dubai company payment | Arab News

Angola state oil firm probes $38m Dubai company payment | Arab News:

"Isabel dos Santos, daughter of Angola’s former president, has denied allegations of suspicious activity during her tenure as head of state oil firm Sonangol made by the current chair of the company, describing them as “slanderous.” Dos Santos, ranked Africa’s wealthiest woman by Forbes, said in a statement issued late on Sunday that she would take all measures to protect her reputation and rejected accusations of wrongdoing made by Sonangol Chairman Carlos Saturnino last week. Saturnino said an internal audit at Sonangol uncovered a transaction of $38 million made to a Dubai-headquartered company that was approved by dos Santos after she had been dismissed from Sonangol. "



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