Angola’s Isabel dos Santos loses appeal to overturn $733M global asset freeze

ICIJ

Center

High Factuality

Angola’s Isabel dos Santos loses appeal to overturn $733M global asset freeze

Former billionaire Isabel dos Santos, the subject of ICIJ’s Luanda Leaks investigation, lost an appeal to overturn a $733 million global freeze on her assets as part of a lawsuit in London’s High Court. A judge granted the asset freeze nearly a year ago after dos Santos was sued by Angolan telecommunications operator Unitel, over loans made while she was on the board of directors to a company she controlled in the Netherlands, Unitel Internation…