GDN DESKTOP 1

Advertisement

Tue, 3 Nov, 2026

Read Life Mag

Today’s Game

Daily Snakes and Ladders

12 mins play

Play now

Services & Opportunities

World

Britain imposes asset freeze, travel ban on Angola’s Isabel dos Santos

FILES-PORTUGAL-ANGOLA-CORRUPTION-POLITICS
(FILES) In this file photo taken on February 5, 2018 Angolan businesswoman Isabel dos Santos visits the new started EFACEC Portuguese corporation's electric mobility industrial unit in Maia. - Angola's former president Jose Eduardo dos Santos has denied links to alleged public company embezzlement during his rule, in his first response to corruption investigators last month freezing his daughter's assets. (Photo by MIGUEL RIOPA / AFP)

Isabel dos Santos
Britain has imposed a travel ban and an asset freeze on Angolan billionaire Isabel dos Santos under its global anti-corruption sanctions regime, the British government said on Thursday.

Dos Santos, whose father Jose Eduardo dos Santos ruled Angola for 38 years until 2017, has faced corruption accusations in Angola and elsewhere for years.

Africa’s first female billionaire denies the allegations and says she is the target of a long-running political vendetta.

READ ALSO:Kenya investigating how Uganda opposition figure was ‘abducted’

Advertisement

The government said dos Santos misappropriated more than 50 million pounds (63.19 million dollars) for her own financial benefit while she ran Angolan state oil firm Sonangol.

It also said she misappropriated more than 300 million pounds while she was director of telecoms company Unitel.

EFN Non Oil Export

READ ALSO:International Criminal Court issues arrest warrants for Netanyahu, Gallant

Dos Santos lost an appeal to overturn an order freezing up to 580 million pounds of her assets in September as part a lawsuit at London’s High Court brought by Unitel.

Advertisement

Global police agency Interpol confirmed in 2022 it had issued a red notice for dos Santos, who says she lives in Dubai.

The British government has added seven other designations targeting other individuals under the same global anti-corruption case.

Go Beyond The Headlines

Trusted reporting and sharp analysis on the stories shaping Nigeria and the world, in your inbox.

Subscribe to our newsletter

From the Archive - This December

1988 When sound, rhythm and pipes welcomed royalty in Nigeria

Trending News

Advertisement

More from World

Taboola Recommendation Widget