218 phspin

218 phspin

Trump names Andrew Ferguson as head of Federal Trade Commission to replace Lina KhanThe British government has imposed a travel ban and an asset freeze on Angolan billionaire Isabel dos Santos under its global anti-corruption sanctions regime. The government announced on Thursday. Dos Santos, whose father Jose Eduardo dos Santos ruled Angola for 38 years until 2017, has faced corruption accusations in Angola and elsewhere for years. Africa’s first female billionaire denies the allegations and insists she is the target of a long-running political vendetta. The Angolan government alleged dos Santos misappropriated more than £50 million ($63.19 million) for her financial benefit while she ran the Angolan state oil firm Sonangol. READ ALSO: Supreme Court orders seizure of ex-Angolan president daughter’s assets It also said the ex-president’s daughter misappropriated more than £300 million while she was director of telecoms company Unitel. Dos Santos lost an appeal to overturn an order freezing up to £580 million of her assets in September as part of a lawsuit at London’s High Court brought by Unitel. Global police agency Interpol confirmed in 2022 it had issued a red notice for dos Santos, who lives in Dubai. The British government has added seven other designations targeting other individuals under the same global anti-corruption case. Opinions Balanced, fearless journalism driven by data comes at huge financial costs. As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake. If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause. Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development. Donate Now

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