Angola's dos Santos named suspect over alleged fraud, selling Eurobic stake

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Angola's dos Santos named suspect over alleged fraud, selling Eurobic stake
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Angola's billionaire former first daughter, Isabel dos Santos, has decided ...

LISBON - Angola’s billionaire former first daughter, Isabel dos Santos, has decided to sell her stake in Portuguese bank Eurobic, the small lender said on Wednesday.

Lusa quoted Angola’s attorney general, Helder Pitta Gros, as telling a news conference in the Angolan capital Luanda that dos Santos had not directly shown any interest in collaborating with Angolan authorities. In Portugal, dos Santos holds significant stakes in several major firms including NOS and oil firm Galp Energia.

In a statement sent to Reuters, Eurobic said the selling process of the 42.5% stake had already started and dos Santos’ decision was “final”.

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