Portuguese Court Seizes Dos Santos’ Shares in Telecom Firm

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Saturday, April 18, 2020
Author: 
Bruce Zagaris
Volume: 
36
Issue: 
4
Abstract: 

On April 4, 2020, a Portuguese court seized the shares in telecommunications firm NOS of a holding company that Isabel dos Santos, the former first daughter and Angolan businesswoman, owned half of.[1] Sonaecom, a sub-holding of Portugals’s Sonae, said the court ordered the seizure concerning allegedly fraudulent schemes involving Isabel dos Santos.