Amid scandal, 'Africa's richest woman' sells European assets
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January 24, 2020
LISBON, Portugal (AP) — The billionaire daughter of a former African leader is shedding some of her investments in Europe after she came under official investigation for alleged money-laundering and corruption.
Isabel dos Santos has invested heavily in recent years in Portugal, the former colonial ruler of her homeland Angola. But amid a widening scandal over her business dealings, Portuguese engineering company Efacec announced Friday she is selling her 70% stake in the firm.
Since the scandal erupted earlier in the week Dos Santos, reputedly Africa's richest woman, has also agreed to sell he...
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