How Africa’s richest woman exploited family ties, shell companies and inside deals to build an empire - ICIJ
▻https://www.icij.org/investigations/luanda-leaks/how-africas-richest-woman-exploited-family-ties-shell-companies-and-inside-dea
Two decades of unscrupulous deals that made Isabel dos Santos Africa’s wealthiest woman and left oil- and diamond-rich Angola one of the poorest countries on Earth.
A web of more than 400 companies and subsidiaries in 41 countries linked to Isabel dos Santos or her husband, Sindika Dokolo, including 94 in secrecy jurisdictions like Malta, Mauritius and Hong Kong.
How a cadre of Western business advisers moved money, set up companies, audited accounts, suggested ways to avoid taxes and turned a blind eye to red flags that experts say should have raised serious concern.
Directed hundreds of millions of loans and contracts to her companies, or those linked to her, including a $38 million payment from the Angolan state oil company, which she ran, to a bank account in Dubai controlled by a friend, hours after she was fired her from her job.