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Dutch court rules against Dos Santos in oil case

LONDON/LISBON — A Dutch court has ruled a half-billion-dollar stake in the Portuguese oil company Galp linked to Angolan ex-first daughter Isabel Dos Santos must be handed over to Angola, lawyers for the southwest African country's state oil company said on Tuesday.

Dos Santos, a business tycoon who became Africa's richest woman, ran oil giant Sonangol from 2016 until 2017, when her father's four-decade rule ended. The acquisition of the stake was "tainted by illegality.”

LOCAL BUSINESS

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2021-07-30T07:00:00.0000000Z

2021-07-30T07:00:00.0000000Z

https://digital.alphamedia.co.zw/article/282106344677925

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