• Contact Us
  • About Us
  • Advertise
  • Donate
  • Login
Watchdog Uganda
  • Home
  • News
    • National
    • Politics
    • World News
    • Media Outreach Newswire
    • Africa News
    • Tourism
    • Community News
    • Luganda
    • Sports
      • Football
      • Motorsport
  • Op-Ed
    • #Out2Lunch
    • Conversations with
    • Politics
    • Relationships
  • Business
    • Agriculture
    • CEOs & Entrepreneurs,
    • Companies
    • Finance
    • Products
    • RealEstate
    • Technology
  • Entertainment
    • Lifestyle
  • People
    • Showbiz
      • Salon Mag
  • Special Report
    • Education
    • Voices
  • Reviews
    • Products
    • Events
    • Hotels
    • Restaurants
    • Places
  • WD-TV
  • Donate
  • China News
No Result
View All Result
  • Home
  • News
    • National
    • Politics
    • World News
    • Media Outreach Newswire
    • Africa News
    • Tourism
    • Community News
    • Luganda
    • Sports
      • Football
      • Motorsport
  • Op-Ed
    • #Out2Lunch
    • Conversations with
    • Politics
    • Relationships
  • Business
    • Agriculture
    • CEOs & Entrepreneurs,
    • Companies
    • Finance
    • Products
    • RealEstate
    • Technology
  • Entertainment
    • Lifestyle
  • People
    • Showbiz
      • Salon Mag
  • Special Report
    • Education
    • Voices
  • Reviews
    • Products
    • Events
    • Hotels
    • Restaurants
    • Places
  • WD-TV
  • Donate
  • China News
No Result
View All Result
Watchdog Uganda
No Result
View All Result

Court freezes assets, accounts of ex-president’s daughter

watchdog by watchdog
6 years ago
in National, News, World News
8 0
ShareTweetSendShare

The daughter of former Angolan President Jose Eduardo dos Santos has denied allegations of financial irregularities after a court froze her bank accounts, calling the claims “politically motivated.”

Isabel dos Santos — nicknamed Africa’s wealthiest woman — is under investigation for alleged irregularities involving state companies including the OPEC nation’s giant state oil company Sonangol.

The allegations are riddled with “obvious lies, errors and omissions,” she said late Tuesday.

“This court decision, which is the outcome of an injunction that was not communicated to the parties, is clearly arbitrary and politically motivated,” she said.

Her father Jose Eduardo dos Santos ruled Angola for 38 years —  a time widely associated with corruption and nepotism — until President Joao Lourenco succeeded him in 2017. Isabel, like most of the dos Santos family, left Angola, claiming she faced death threats after her father stepped down.

She was appointed head of Sonangol in 2016 but was forced out the following year, in one of the first acts undertaken by Lourenco to remove dos Santos relatives from power.

An Angolan court, acting as part of the graft investigation, this month froze bank accounts belonging to dos Santos and her husband Sindika Dokolo.

Their holdings in several Angolan companies, including the telecoms firm Unitel and cement company Cimangola, have also been frozen, the statement said. The court’s decision also applies to a Portuguese businessman, Mario da Silva.

His family accuses Lourenco’s government of persecution. The former president’s son, Jose Filomeno dos Santos, 41, who is Isabel dos Santos’s half-brother, went on trial in early December for alleged corruption.

He is accused of embezzling as much as $1.5 billion from Angola’s sovereign wealth fund during his 2013-2018 stewardship. Despite their country’s extensive oil, gas and mineral wealth, the majority of Angolans live in poverty and continue to rely on subsistence agriculture.

An internal audit in 2018 uncovered suspicious transactions overseen by dos Santos, including a payment of $38 million made to a Dubai-based company she approved after she was dismissed from Sonangol.


Do you have a story in your community or an opinion to share with us: Email us at editorial@watchdoguganda.com
Share2Tweet1SendShare

Related Posts

National

President Museveni flags off construction of key Kayunga- Galiraya Road to link Northern and Central Uganda 

11th July 2025 at 19:32
Dr. Yona Baguma
News

NARO Director General, Dr. Yona Baguma, Animates CPA Forum with Breakthroughs in Agricultural Research

11th July 2025 at 17:42
News

Isaiah Katumwa to serenade fans at 30th anniversary fete

11th July 2025 at 17:29
Next Post
Brig Richard Otto

Newly appointed UPDF AMISOM commander Brig Otto visits frontline troops in Somalia

  • Prostitution in Uganda- Courtesy Photo

    10 dangerous hotspots known for prostitutes in Kampala

    1128 shares
    Share 451 Tweet 282
  • Silent Billionaire Bosco Muwonge Buys Mukwano Arcade at UGX 250 Billion Cash Down

    51 shares
    Share 20 Tweet 13
  • Who is Bosco Muwonge, Uganda’s elusive real estate billionaire?

    38 shares
    Share 15 Tweet 10
  • LIST: New salary structure for civil servants starting July 2020 out; scientists, lecturers get juicy pay rise

    2289 shares
    Share 916 Tweet 572
  • Uganda’s Billionaires 2025: Once Again Sudhir Ruparelia Leads a Resilient Pack

    49 shares
    Share 20 Tweet 12
Facebook Twitter

Contact Information

Watchdog Uganda is a portal for solution journalism, trending news plus cutting edge commentaries in the fields of politics, security, business, tourism, entertainment, technology, agriculture, climate change, environment, public health et al. We also give preference to Ugandan community news and topical discussions. The portal also publishes community news and topical discussions.

Email: editorial@watchdoguganda.com
To Advertise:Click here

Latest News

President Museveni flags off construction of key Kayunga- Galiraya Road to link Northern and Central Uganda 

11th July 2025 at 19:32
Mashable is a global, multi-platform media and entertainment company For more queries and news contact us on this Email: info@mashablepartners.com

Check out

  • Trending
  • Comments
  • Latest
Minister Muruli Mukasa

LIST: New salary structure for civil servants starting July 2020 out; scientists, lecturers get juicy pay rise

24th May 2020 at 10:45
Pregnant woman

Shock as 17-year old boy impregnates his two sisters during Covid-19 lockdown 

17th June 2020 at 08:17
Sudhir Ruparelia is the undisputed king of Kampala

Billionaire Sudhir’s wisdom on how to invest in real estate

0

How a boy’s destiny turned from cotton grower to communications guru

0

President Museveni flags off construction of key Kayunga- Galiraya Road to link Northern and Central Uganda 

11th July 2025 at 19:32
Dr. Yona Baguma

NARO Director General, Dr. Yona Baguma, Animates CPA Forum with Breakthroughs in Agricultural Research

11th July 2025 at 17:42

© 2025 Watchdog Uganda

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • National
    • Politics
    • World News
    • Media Outreach Newswire
    • Africa News
    • Tourism
    • Community News
    • Luganda
    • Sports
      • Football
      • Motorsport
  • Op-Ed
    • #Out2Lunch
    • Conversations with
    • Politics
    • Relationships
  • Business
    • Agriculture
    • CEOs & Entrepreneurs,
    • Companies
    • Finance
    • Products
    • RealEstate
    • Technology
  • Entertainment
    • Lifestyle
  • People
    • Showbiz
      • Salon Mag
  • Special Report
    • Education
    • Voices
  • Reviews
    • Products
    • Events
    • Hotels
    • Restaurants
    • Places
  • WD-TV
  • Donate
  • China News

© 2025 Watchdog Uganda