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22 /world-news.php WORLD NEWS

Husband of Africa's Richest Woman Isabel dos Santos Dies in a Diving Accident in Dubai

By John Wanjohi Sat, 10/31/2020 @ 12:55pm 2054 views 4 comments
Husband of Africa's Richest Woman Isabel dos Santos Dies in a Diving Accident in Dubai

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Africa’s richest woman Isabel dos Santos of Angola has lost her husband, Sindika Dokolo.

Dokolo, a Congolese businessman, is reported to have died in a diving accident in Dubai, the United Arab Emirates (UAE) on Thursday, according to reports.

The 48-year-old art collector married dos Santos, the daughter of former Angolan President Jose Eduardo dos Santos, in 2002. 

Early this year, an Angolan court issued orders freezing bank accounts belonging to the couple in an attempt to recover alleged looted funds.
    
They are accused of siphoning at least $100 million from the government through State-run oil company Sonangol and Sodiam, and transferred through entities abroad but Isabel refuted the allegations.

“Ms. Isabel dos Santos also tried unsuccessfully to transfer huge amounts of Euros to Russia through Portugal in order to invest in Japan,” the court decision read.

Isabel is Africa’s richest woman with a net worth of $2.2 billion, according to Forbes. Her assets in Angola include a 25 percent stake in Unitel, one of the country’s two mobile phone networks, a 25 percent stake in Banco Internacional de Credito (Banco BIC), 51 percent in BFA, and 99.9 percent in Zap Media.

Dokolo is the son of the late Congolese billionaire Augustin Dokolo Sanu, who built one of the biggest business empires in Zaire under the government of the late Mobutu Sese Seko. He inherited his father’s fortune following his death in 2001 and owned 3,000 pieces of contemporary African art.

 

Comments

Morris Menye

Sat, 10/31/2020 @ 06:36pm

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Why do journalists describe looters as tycoons/rich?Wealth can only be property you can account for but not assets stolen or grabbed from owners.Already Isabel and Dokolo's bank accounts have been freezed by court.The writer should have described her as Africa's leading women thug.

Ex diasporan

Sat, 10/31/2020 @ 07:19pm

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He has killed more Angolans through corruption than his life could pay

Guest

Sun, 11/01/2020 @ 12:40am

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Angola is not an economic powerhouse even termed as still developing yet this woman somehow is Africa’s richest woman.Is it drugs or poaching.

Guest #13

Sun, 11/01/2020 @ 06:23pm

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We have a saying in kenya. Paymment right here on earth. Angolans live in severe poverty while the looter scuba dive in Dubai.

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