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UK imposes sanctions on Isabel dos Santos
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UK imposes sanctions on Isabel dos Santos

Britain has imposed a travel ban and assets freeze on Angolan billionaire Isabel dos Santos as part of its global anti-corruption sanctions regime, the British government announced on Thursday.

Dos Santos, whose father José Eduardo dos Santos ruled Angola for 38 years until 2017, has faced corruption charges in Angola and elsewhere for years.

Africa’s first female billionaire denies the allegations and says she is the target of a long-running political vendetta.

The government said dos Santos embezzled more than 50 million pounds ($63.19 million) for her own gain while she headed Angolan state oil company Sonangol.

She also said she embezzled more than £300 million while she was a director of telecommunications company Unitel.

Dos Santos lost an appeal to overturn an order freezing up to 580 million pounds of his assets in September in a High Court case in London brought by Unitel.

Global police agency Interpol confirmed in 2022 that it had issued a red notice for dos Santos, who says he lives in Dubai.

The British government has added seven more designations targeting other individuals in the same global anti-corruption case. (Reuters)