“The world is still full of prejudice,” said Isabel dos Santos, speaking to a receptive audience at the London School of Economics in 2017. By then she was already Africa’s richest woman, worth more than $2-billion, but she wanted the audience to know that she hadn’t always had it easy. “Either you are too young to do something. Or too smart and too privileged. Or then you are a girl, you are the wrong gender.
On Sunday, the International Consortium of Investigative Journalists and partner publications released information from a trove of documents — the Luanda Leaks — leaked by someone at the heart of Dos Santos business empire. And what an empire it is: more than 400 companies in 41 countries are linked to Dos Santos or her husband, Sindika Dokolo. These include banks, telecoms companies, media organisations and shell companies in tax havens.
Dos Santos has vehemently denied the allegations. “The ICIJ report is based on many fake documents and false information, it is a coordinated political attack in coordinations with the ‘Angolan Government’. 715 thousand documents read? Who believes that? #icij #lies,” she tweeted. Isabel dos Santos and her brother, José Filomeno — then head of Angola’s sovereign wealth fund — as “heirs to a private business empire called Angola”.
All four of the big accounting firms — Deloitte, EY, KPMG and PwC — did work for Dos Santos companies. PwC played the biggest role, helping set up companies in Malta, the Netherlands and Switzerland, and offering “creative” advice on how to avoid taxes.
So-called African leaders steal from their people with impunity and you wonder why multitudes of African immigrants die in seas and oceans trying to cross in makeshift boats for greener pasteurs abroad. Africa is a shithole, PERIOD!!🙏
BCG McKinsey PwC
All the rotten people deserve hell
It's shocking what these criminals are doing to Africa.
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The Luanda Leaks expose Angolan billionaire Isabel dos SantosThe daughter of the former president of Angola’s business empire is worth an estimated $2bn, having amassed her wealth through several investments in Angolan sectors, including oil and telecommunication. In South Africa it would be called white monopoly capita trying to destabilise children of ex President
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