Angola’s Sonangol investigates misconduct by Isabel dos Santos
The company’s former CEO, Dos Santos is the daughter of the country’s former president; the new president is promising to crack down on corruption
Luanda — Angola’s state oil company has announced an investigation into "possible misappropriation" of funds by Isabel dos Santos, the daughter of the former president, during her time as the company’s CEO. In recent weeks, several Angolan media outfits have accused her of ordering suspect transfers and payments worth tens of millions of dollars. She was appointed head of Sonangol by her father José Eduardo dos Santos in 2016, who was replaced last month by Angola’s new president João Lourenço. Isabel has flatly denied any misconduct.