Isabel dos Santos: The Fall of Africa’s Richest Woman

Just think for a minute. In a two-year span, a father gave his daughter, among several contracts, four that were worth over US $22 billion. The father is then President José Eduardo dos Santos, and the daughter is Isabel, Africa’s richest woman. These were the golden days of the presidential family’s capture of Angola. Period. In the past month, with a stroke of a pen, General João Lourenço has annulled the four egregious contracts. The former “princess” is crying foul, and is threatening to sue the Angolan state however, the state is calling out her bluff. Her fortune is about to tumble like a house of cards, just as her father’s power fell flat once he left office after 38 years. Through her father’s presidential decrees, Isabel built her fortune. Now, ironically, the man her father personally chose to replace him is first and foremost taking away the family’s fortunes […]

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Standard Chartered Bank Gets Wise to Angolan Corruption

Standard Chartered Bank has reportedly declined to authorize a US $300,000 payment from the Angolan state-owned oil giant Sonangol to a Maltese-registered shell company named ‘Wise Intelligence Solutions’ on suspicion of money laundering, conflict of interest and corruption. Information supplied to Maka Angola from sources in London, UK, shows that the private company’s registered owner is none other than Sonangol President Isabel dos Santos. She is the daughter of President José Eduardo dos Santos, who appointed her to the job last June, and the first female African billionaire. The sources say there are grounds to believe that ‘Wise’ is a shell company and that the transfer of funds was unjustifiable. The six-figure payment to ‘Wise’ was purported to be payment for “consultancy services”. Presumably, the intent was to remunerate the firm’s sole employee: its director Mário Filipe Moreira Leite Silva. He is well known in Angola as the man who […]

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Machete Torture: More Human Rights Abuses in Diamond-Rich Region

“I am Angolan!”, the informal diamond digger keeps screaming in pain and in vain, while the guard repeatedly beats him on the palm of his hands with a machete. His citizen’s rights are ignored. As the guard becomes more violent, the victim screams for his mother repeatedly, but his humanity is ignored as well. “Shit! Pardon does not exist”, the guard who is commanding the beatings of up to ten miners, laughs louder. He is known as Bonifácio. Video evidence has emerged of vicious and sadistic beatings recently meted out to informal miners known as ‘garimpeiros’ by private security guards. The assaults took place just weeks ago in the diamond-rich area of north-eastern Angola. The video, which contains harrowing scenes, was filmed on April 21, 2016 in the Dambi area of Cafunfo in the northeastern province of Lunda-Norte.  In unsparing detail, it shows the guards using machetes to intimidate, beat […]

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Isabel dos Santos’ Campaign, her Father, George Soros and Me

Isabel dos Santos Portuguese communication consultants, led by Luís Paixão Martins, have for several months been trying to wage a campaign against the author of this article. They have presented no evidence to disprove what I have revealed about the president’s daughter business dealings, particularly acts of corruption by her father. Attempted defamation   Instead, so desperate are they to find a way of attacking me, the author of Maka Angola,  that they have tried to find impropriety in his former links to the NY-based Open Society Institute (OSI), funded by the billionaire philanthropist George Soros. The same ruse has already been attempted without success by the Angolan regime’s own propaganda machine. Nevertheless, the deviousness with which the Portuguese public relations consultant took up this theme is in itself revealing, though more for the crass propaganda campaign than by its content. At the same time, the scheme offers an opportunity […]

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Isabel dos Santos’ Diamonds and Husband

Isabel dos Santos, the billionaire daughter of the Angolan president, is the main beneficiary of the diamond trade in Angola. This involves simple arrangements in Angola, and more sophisticated ones abroad. Forbes magazine recently published an article in which this author investigates the partnership set up by Isabel dos Santos, through her husband Sindika Dokolo, and the Angolan state for the acquisition of the Swiss jeweller De Grisogono. This brand is known to be the favorite choice of movie stars and fashion celebrities including Sharon Stone and Heidi Klum. Maka Angola expands on this investigation and puts it in context. On February 27, 2012 a Maltese-registered company, Victoria Limited, acquired 72.5 percent of De Grisogono Holding S.A. The shareholding soon increased to 75 percent. A press statement by De Grisogono founder Fawaz Gruosi at the time when the shares were sold said the deal was worth more than US$100 million. […]

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Sumbula: The Diamond Digger and CEO of Endiama

Since the end of the war in Angola, the acts of institutional violence that have caused the most deaths and human rights abuses have been those focused on combating illegal mining activities in the diamond-bearing region of the Lundas, in the northeast of Angola. Official statements justify such actions as necessary to prevent the plunder of these national resources for the good of the people. Last January the minister of Geology and Mines, Francisco Queiroz, stated to the press that “illegal diamond mining in the country has reached worrisome proportions” and that “combating illegal diamond mining, both with regard to production and trading, is paramount […]”. Meanwhile, there has been no mention by the Government or the state media on the involvement of government officials in illegal mining activities. On the contrary, official institutions have consistently pointed the finger solely at the artisanal miners, known as garimpeiros, who dig diamonds […]

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