A ruling in the UK’s High Court is likely to cost Isabel dos Santos her real estate holdings in Monaco.
Angola’s telecoms company Unitel asked the high court in London to grant a worldwide freezing order over her assets at a hearing last month, and that order was granted by Judge Robert Bright on Wednesday, December 20, the Guardian reports.
He gave Dos Santos until next month to provide Unitel with a disclosure of her assets, which include property in London, Monaco and Dubai, the UK daily said.
Dos Santos is the daughter of Jose Eduardo dos Santos, who ruled Angola for 38 years until 2017. She is believed to live in London.
In 2020 several media outlets identified a Monaco property purchased by Isabel dos Santos and her husband in 2015 as being an entire floor of the Little Africa building within the Golden Square of Monte-Carlo. The purchase was made through a Maltese company called Athol.
The sixth floor cost more than 50 million euros – the price for a single apartment, composed of five main rooms: entrance hall, lounge – dining room opening onto a terrace to the south, guest cloakroom and water closet, library with cloakroom and shower room, master bedroom with bathroom and dressing room, two bedrooms, each with dressing room and bathroom, according to the sales contract dated December 22, 2015.
The apartment was sold with two service rooms to house domestic employees and four parking spaces. The contract forms part of the 715,000 documents contained in the so-called “Luanda Leaks”, the dossier put together by the International Consortium of Investigative Journalists containing damning allegations of corruption and money-laundering by dos Santos.
FILE PHOTO: Isabel dos Santos