Africa’s Richest Woman is Not in Davos
By AlpLocal News
January 20, 2020
DAVOS, SWITZERLAND – Africa’s richest woman is absent at the World Economic Forum in Davos Switzerland this week.
Reports of a call for her to be investigated for corruption and theft of over $1.1 billion from the people of Angola over the past two decades resulted in a cancellation of her invitation to attend.
Isabel dos Santos, who resides in the UK and whose father was the president of Angola, faces allegations of exploiting family connections to secure deals on land, oil and diamonds.
According to the documents, seen by BBC Panorama and the Guardian, she and her husband were allowed to buy up valuable state assets and siphon hundreds of millions of dollars out of Angola. She took to Twitter to defend herself and her companies.
“If you tell me, is there anything wrong for an Angolan person to have a business venture with a state company, I think there is nothing wrong”, dos Santos said on Twitter.
Isabel dos Santos, who owns over 400 companies around the world, said she was facing prejudice due to being the daughter of Jose Eduardo dos Santos, who served as President of Angola from 1979 to 2017.
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Written by
AlpLocal News Team
