Isabel dos Santos responds to Luanda Leaks investigation

dos santos leaks isabel luanda
UAE
  • Date: 24-Jan-2020
  • Source: The Guardian
  • Sector: Economy
  • Country: UAE
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Isabel dos Santos responds to Luanda Leaks investigation

Responding to the Luanda Leaks investigation, Isabel dos Santos and her husband, Sindika Dokolo, denied all allegations of wrongdoing.. Her lawyers said: "It is obvious that our client is the subject of a highly coordinated attack on both her reputation and business, an attack which originates from the Angolan authorities.". The government established a commission to restructure the country's oil sector, which invited Dos Santos's company Wise Intelligence Solutions to manage the project.. In response to claims Sodiam's investment was funded by a high-interest loan from a bank part-owned by Dos Santos, the lawyers said a rate of 9% was "market-standard".. The Angolan government has also accused Dokolo of benefiting from diamond sales at below market rates.. Dos Santos's lawyers say her company Urbinveste, working with a team of international contractors, helped design the Luanda masterplan for Angola's capital, which won an architectural award.. Critics says PwC's work for Angola's state oil firm raises conflict of interest concerns. Isabel dos Santos: president's daughter who became Africa's richest woman. Revealed: how Angolan ruler's daughter used her status to build $2bn empire.

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