ANGOP - Angola Press News AgencyANGOP - Angola Press News Agency

Go to homepage
Luanda

Max:

Min:

Home » News » Politics

Wed, 08 Jan 2020 16:54 - Updated Wed, 08 Jan 2020 16:54

PGR admits to seize Isabel dos Santos assets in Portugal

Luanda - The Attorney General's Office (PGR) has admitted that it may seize holdings of Angolan businesswoman Isabel dos Santos in Portuguese companies, as happened in Angola.

Send by email

To share this news by email, fill out the information below and click Send

Correct

To report errors in the texts of articles published, fill out the information below and click Send

Angolan businesswoman Isabel dos Santos (file)

Photo: Divulgação

Quoted by the Portuguese newspaper ECO, PGR spokesman Álvaro João said that there is nothing to say that it has to happen this way, but “if necessary we will take the advantage of the cooperation agreements with Portugal”.

Álvaro João stressed that in this specific case PGR is not yet working with Portugal, adding that both states have cooperation and information sharing agreements.

"If necessary, we will use them," said the PGR spokesman.

The Luanda Provincial Court ruled in December the seizure of bank accounts owned by Isabel dos Santos, her husband, Sindika Dokolo, and the chairperson of Banco do Fomento de Angola, Mário Leite da Silva, as well as the participation of the businesswoman and husband at Banco BIC, Unitel, Condis and Sodiba.

According to Álvaro João, the choice of the seized assets is related to their location, which PGR decided to "attack" so that they were not transferred to another location, adding that the possibility of the process reaching Isabel dos Santos's assets in Portugal "will be seen in due time".

For now, the process targeting the businesswoman does not include stakes in Portuguese companies such as Galp, EuroBic, Efacec and Nos.

Main lawsuit goes to court in March

The main lawsuit that the Angolan state will bring against Isabel dos Santos to recover the assets it claims is due to be brought to court only in March, due to the court holidays, according to the same newspaper.

The ruling of the Luanda Provincial Court which decreed the seizure of bank accounts and shareholdings of the three parties is dated 23 December, and the state would have up to 30 days to continue the main action.

However, judicial vacations imply a suspension of the deadline, so nothing should happen until the new judicial year opens in the country between the first and second week of March.

The precautionary measure is a provisional judicial act aimed at safeguarding the interests of the injured parties, for example by stopping the release of property.

Tags Angola   Justice  

Read also
  • 07/01/2020 16:36:27

    IGAE takes candidates to court

    Luanda - The Inspectorate General of the State Administration (IGAE), has decided to file a criminal case against three candidates of the public entrance examination held by the institution to prove in court the alleged trading of vacancies.

  • 07/01/2020 11:35:24

    Angola expects less complex mobility within CPLP

    Lisbon - Angolan Foreign minister Manuel Augusto said last Monday in Lisbon, Portugal, that the Executive expects that the progresses recorded in the technical discussions can make the issue on Community of Portuguese Speaking Countries (CPLP)'s mobility less complex.

  • 06/01/2020 18:59:40

    Over 90,000 driving licenses waiting for bearers

    Luanda - Over 90,000 driving licenses are still to be picked up in the offices of the municipal sections of the National Directorate of Traffic Police (DNVT), a situation that led the institution to appeal to users to collect these documents.