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Spotlight | Angola
Lourenço follows dos Santos asset trail to Singapore

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“The global hunt for the Dos Santos family assets”

Angola

The global hunt for the Dos Santos family assets

Following a large number of legal proceeding filed against the family of Angola's former president José Eduardo dos Santos, the government of president João Lourenço has asked a dozen countries to freeze the assets of the Dos Santos family, in particular those of the former president's daughter Isabel dos Santos. Many of these countries see this request as a golden opportunity to forge closer ties with Angola. [...]

Isabel dos Santos, daughter of former Angolan president José Eduardo dos Santos. © Tiago Petinga/EPA/Newscom/MaxPPP

Angola's justice ministry has previously asked Emirati and Mauritian authorities to help it locate the assets of the dos Santos family. Now it is taking the treasure hunt all the way to Singapore. Isabel dos Santos, for her part, is fighting back in court in London. [...]

Published on 30/03/2021 at 06:00 GMT Reading time 2 minutes

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Diplomacy

Read this article in our running story

“The global hunt for the Dos Santos family assets”

Angola

The global hunt for the Dos Santos family assets

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Black Cube
Cochan
DT Group
Elisio Avila de Jesus Figueiredo
Fragoso do Nascimento
Isabel dos Santos
Joao Lourenco
Jose Eduardo dos Santos
Konema Mwenenge
Pierre Falcone
Sindika Dokolo
Sonangol
Sonangol Asia
Trafigura

Angola
Sonangol: Isabel dos Santos indicted for 'defrauding Angolan state'

Angola's attorney general has accused the former head of state oil company Sonangol of a long list of crimes, ranging from embezzlement to money laundering. Her lawyers denounce the claims as a 'conspiracy'.

Subscribers only Energy, Politics 22.01.2024

Isabel dos Santos in New York on 26 September 2018.

Angola
Lourenço widens global hunt for Dos Santos family assets

The UAE, Monaco, Mauritius and Singapore are no longer the only jurisdictions scanning bank accounts to track down the assets of the former Angolan President José Eduardo dos Santos and his family.

Subscribers only Diplomacy 28.04.2021

Angola, UAE
Abu Dhabi banks begin freezing bank accounts linked to Dos Santos family

Banks in the UAE have rushed to freeze the assets of the Dos Santos family and its associates following a request for cooperation from Angola's judiciary, just ahead of the start of Ramadan.

Subscribers only Diplomacy 15.04.2021

Angola, Brazil
Lourenço finally endorses internal security cooperation deal with Bolsonaro

President João Lourenço has finally authorised parliament to ratify an internal security cooperation deal between Angola and Brazil that had languished for the past year and a half. The decision could mark the beginning of his reconciliation with Jair Bolsonaro.

Subscribers only Energy 07.04.2021

Angola, UAE
Dos Santos probe seals MBZ-Lourenço pact

The UAE usually ignores foreign requests for judicial cooperation regarding its offshore hubs but has bent over backwards to accommodate Angola's investigations into the family of former president José Eduardo dos Santos. By doing so, the Emirates are not only forging stronger ties with Luanda but also earning money-laundering brownie points.

Subscribers only Diplomacy 02.04.2021

Isabel dos Santos is the eldest daughter of former Angolan President Jose Eduardo dos Santos, who ruled the country from 1979 to 2017.

Angola
Dos Santos asset hunt, catalyst of growing Abu Dhabi-Luanda bond

The Angolan president's quiet trip to Abu Dhabi last week is the latest sign of a fast-tracked rapprochement between the UAE and Angola. But this blossoming diplomatic and economic alliance depends on the UAE's willingness to hunt down the dos Santos family's assets.

Subscribers only Diplomacy 24.03.2021

Isabel Dos Santos, daughter of Angola's former president.

Spotlight | Angola
Lourenço solicits cooperation from the Emirates, Mauritius and Monaco in battle against Dos Santos family

The Angolan Ministry of Justice is requesting help left and right to round up and potentially freeze the assets of the former president's daughter, Isabel Dos Santos.

Subscribers only Diplomacy 15.03.2021

Spotlight | Angola
Away from the courtrooms, the government and the dos Santos clan wage a secret war

Already engaged in innumerable court cases and arbitration battles, the smallest details of which are dutifully publicized by their respective PR teams, the family of ex-president dos Santos and the Angolan state are also fighting another less public, much less procedural battle.

Subscribers only Diplomacy 08.03.2021

Spotlight | Angola
Why Sonangol can't shake off Trafigura

As a result of Gaspar Martins' difficulty in building a new terminal for Sonangol, the Swiss trading house Trafigura remains the only firm able to stock imported oil products in large quantities in Angola.

Subscribers only Energy 27.01.2021

Angola
Telecoms: Lourenço steams ahead with privatisation of dos Santos-era assets

The Angolan state's sale of its stakes in various telecoms companies is part of President João Lourenço's strategy to oust his predecessor's family from the country's business community.

Subscribers only Business 12.01.2021

Angola
End of the Dino era

The trading company Trafigura's acquisition of the shares of the [...]

Subscribers only Business 04.03.2020

On our other sites

Angolan anti-corruption probes crisscross from Luanda to New York

President Joao Lourenço came into office hellbent on stamping out corruption from the Dos Santos era but some of his own entourage are now worried the crusade could turn against them. The goal from both sides is to drawn the US Department of Justice into the arena.

Subscribers only Intelligence Online 17.03.2021

Set up email notifications for these topics

Black Cube
Cochan
DT Group
Elisio Avila de Jesus Figueiredo
Fragoso do Nascimento
Isabel dos Santos
Joao Lourenco
Jose Eduardo dos Santos
Konema Mwenenge
Pierre Falcone
Sindika Dokolo
Sonangol
Sonangol Asia
Trafigura

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Spotlight | Angola
Lourenço follows dos Santos asset trail to Singapore