(2 Minutes Read)
Britain has imposed sanctions on Angola’s Isabel dos Santos, a billionaire businesswoman and daughter of a former president, as part of a crackdown on money laundering promised by the new Labour government.
Describing her as a notorious kleptocrat, it has frozen her UK assets and implemented a travel ban. Britain said that she selfishly deprived her fellow citizens of much-needed funding for education, healthcare, and infrastructure -for their enrichment.
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London says dos Santos abused her position at Angolan state oil company, Sonangol, and telecoms company, Unitel, to embezzle at least USD 440 million. Dos Santos, whose late father, Jose Eduardo dos Santos ruled Angola for 38 years – claims to be Africa’s first female billionaire.
