Kate Turlington + 44 KT January 9, 2018 Not sure if anyone's been keeping up with Angola post Dos Santos era, but the new president is really going after the former ruling family. Not only did he fire Dos Santos' daughter from state oil giant Sonangol in September, but now he's investing some dubious deals she orchestrated. Now they're looking at possible misappropriation of funds and suspect deals to the tune of tens of millions of dollars. 1 Quote Share this post Link to post Share on other sites
Carlsbad + 19 CB January 9, 2018 One of the deals they're looking at is a monthly payment of 10 million euros to a Portuguese company that she was an investor in. Of course, she's defending herself with Tweets, in the new style: Everyone's out to get her, etc etc.. 1 Quote Share this post Link to post Share on other sites
Seleskya + 50 AS January 9, 2018 Wonder what's it's all going to mean for Sonangol's growth, since Angola has been back and forth vying with Nigeria for the top African oil spot. Quote Share this post Link to post Share on other sites
Kate Turlington + 44 KT January 11, 2018 In the meantime, Nigeria's loving the fact that over 250 companies are bidding on its 2018/2019 crude oil contracts ... Quote Share this post Link to post Share on other sites
Kate Turlington + 44 KT January 11, 2018 and ... back to Angola, the new president also just fired dos Santos' son from his position as head of the country's $5-billion sovereign wealth fund. Quote Share this post Link to post Share on other sites
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