Angola's dos Santos named suspect over alleged fraud, selling Eurobic stake

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Angola's dos Santos named suspect over alleged fraud, selling Eurobic stake
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Isabel dos Santos, Angola's former president's daughter, is accused off siphoning hundreds of millions out of country with help of Western consultancy companies

Isabel dos Santos, Unitel Chairperson, speaks on stage, March 15, 2019. UNITEL is the newest African Associate Partner of the World Economic Forum, the first Angolan company to be included in the exclusive network of Partner level companies.

Lusa quoted Angola's attorney general, Helder Pitta Gros, as telling a news conference in the Angolan capital Luanda that dos Santos had not directly shown any interest in collaborating with Angolan authorities. In Portugal, dos Santos holds significant stakes in several major firms including NOS and oil firm Galp Energia.

In a statement sent to Reuters, Eurobic said the selling process of the 42.5% stake had already started and dos Santos' decision was "final".

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