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Prosecutors indict Africa’s richest woman

Africa’s richest woman has been formally accused of embezzlement by prosecutors in Angola.

 The country’s attorney-general told reporters on Wednesday evening that the allegations related to Isabel Dos Santos’s time as chairwoman of state oil company Sonangol.

A number of other people has also been accused alongside Ms. Dos Santos.

A.G. Helder Pitta Gros said an international arrest warrant would be issued for all the suspects, who all live abroad, if they failed to present themselves to Angolan authorities.

Ms. Dos Santos, whose father, Jose Eduardo, was president for thirty-eight years, is accused of “mismanagement and embezzlement of funds during her tenure at Sonangol and is thus charged in the first instance with the crimes of money laundering, influence peddling, harmful management … forgery of documents, among other economic crimes”, Mr. Pitta Gros added.

An investigation into Ms. dos Santos’s eighteen months as head of Sonangol from June 2016 was opened after her successor alerted authorities to alleged irregular money transfers.

Documents leaked this week indicate that  the daughter of the former president built her 2.1-billion-Dollar fortune by exploiting her country.

Ms. Dos Santos denies all the allegations.

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