Isabel dos Santos Archives - Jean-Jacques Cornish https://jjcornish.com/tag/isabel-dos-santos/ The low down on African affairs Wed, 15 Nov 2017 22:00:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://i0.wp.com/jjcornish.com/wp-content/uploads/2020/05/cropped-Fountain_Pen_favicon-812.png?fit=32%2C32&ssl=1 Isabel dos Santos Archives - Jean-Jacques Cornish https://jjcornish.com/tag/isabel-dos-santos/ 32 32 Isabel dos Santos sacked as Angola’s oil chief https://jjcornish.com/2017/11/isabel-dos-santos-sacked-angolas-oil-chief/ Wed, 15 Nov 2017 22:00:00 +0000 https://jjcornish.com/2017/11/isabel-dos-santos-sacked-angolas-oil-chief/ Angola’s President Joao Lourenco has sacked Isabel dos Santos as head of the country’s oil giant Sonangol. It’s a dramatic move away from the moves made by his predecessor Jose Eduardo dos Santos to retain control of the levers of Angola’s economic wealth. President Joao Lourenco has his work cut out meeting his promise to […]

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Angola’s President Joao Lourenco has sacked Isabel dos Santos as head of the country’s oil giant Sonangol.

It’s a dramatic move away from the moves made by his predecessor Jose Eduardo dos Santos to retain control of the levers of Angola’s economic wealth.

President Joao Lourenco has his work cut out meeting his promise to clear up corruption in his oil-rich country.

Transparency International lists Angola as the most corrupt country on the planet.

That was during the more than three-decade rule of Jose Eduardo dos Santos.

His daughter became Africa’s richest woman and expected to continue milking the country as its oil chief.

Last week papers leaked from an international legal firm showed how Dos Santos’ son Jose Filomeno paid tens of millions of dollars to friend he appointed to manage the country’s sovereign wealth fund.

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