Africa
Africa’s first female billionaire Isabel dos Santos loses £580 million High Court case
Africa’s first female billionaire Isabel dos Santos loses £580 million High Court case
Africa’s first female billionaire has lost her High Court fight against an application to freeze up to £580 million (Ksh113billion) of her assets.
Businesswoman Isabel dos Santos, whose father Jose Eduardo dos Santos ruled Angola for 38 years until 2017, is being sued by Unitel, a telecoms operator in the African country.
The firm asked London’s High Court to grant a worldwide freezing order over the Angolan’s assets at a hearing last month.
She had argued the order was unnecessary as her assets have been frozen or seized in other countries including Angola and Portugal.
But the order was granted by Judge Robert Bright today.
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He said in a written ruling he did not accept that “the other freezing orders mean that it is not just and convenient for this court to grant a further order”.
Unitel is suing Ms dos Santos over loans made while she was a director of the company to Dutch firm Unitel International Holdings (UIH) in 2012 and 2013 to fund UIH’s acquisition of shares in telecoms companies.
Around £300m in unrepaid loans remain outstanding, according to Unitel, which successfully had Ms dos Santos added to the lawsuit in May.
She claims to be the victim of a “campaign of oppression” by Angola and says Unitel is itself responsible for UIH’s inability to repay the loans because of its alleged role in Angola’s unlawful seizure of UIH’s assets.
Africa’s first female billionaire Isabel dos Santos loses £580 million High Court case
Africa
Boyfriend of murdered Kenyan journalist arrested
Boyfriend of murdered Kenyan journalist arrested
Africa
Baltasar Engonga: I dated him for four years, lady says, sues for betrayal
Baltasar Engonga: I dated him for four years, lady says, sues for betrayal
Cristel Nchama, one of the women appearing in viral explicit videos allegedly involving Baltasar Engonga, the former director-general of Equatorial Guinea’s National Financial Investigation Agency (ANIF), has filed a formal complaint with the National Gendarmerie in Malabo.
Engonga has been the focus of intense public scrutiny after investigators, probing allegations of fraud, searched his home and office and reportedly uncovered approximately 400 explicit videos featuring him with multiple women.
The tapes allegedly show Baltasar Engonga with his brother’s wife, his cousin, the sister of the country’s president, the wife of the director-general of police, and around 20 wives of ministers, among others.
The recordings, which have since gone viral, are said to have taken place in Engonga’s office, hotels, and bathrooms, purportedly with the consent of those involved.
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In her complaint, Nchama disclosed that she had been in a four-year relationship with Engonga and expressed profound distress over the public leak of the videos, which she says has harmed her reputation.
Nchama claimed that Engonga “misled” her into trusting him and that she had initially resisted being filmed, under the impression that any recordings would be deleted.
She also claimed to have been “betrayed” by Bello for publishing the videos.
“I am humiliated,” she stated. “It is my reputation, my honour. I want to know where these images came from and why he kept the images.”
In addition to filing her complaint, Nchama has demanded reparations from Engonga for the damage caused to her reputation and personal dignity.
Following the scandal, the government dismissed Engonga from his position at ANIF on Thursday.
Officials also announced the suspension of various public officials allegedly involved in sexual activities within government offices.
Baltasar Engonga: I dated him for four years, lady says, sues for betrayal
Africa
Baltasar Engonga: Equatorial Guinea appoints new anti-graft agency boss
Baltasar Engonga: Equatorial Guinea appoints new anti-graft agency boss
Equatorial Guinea’s President, Obiang Nguema Mbasogo, has appointed Zenón Obiang Obiang Avomo as the new Director General of the National Agency for Financial Investigation (ANIF), succeeding Baltasar Ebang Engonga, who was removed amid sex scandal.
Recall that Engonga was dismissed following accusations of “irregularities committed in the exercise of his functions,” along with inappropriate family and social behavior unfit for public office, as stated in Decree No. 118/2024, dated November 4.
The investigation uncovered over 400 video recordings in Engonga’s office, reportedly involving the wives and relatives of high-ranking officials, including ministers and police officers.
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The shocking discovery triggered widespread public outrage and prompted swift action by the government.
In response, the Equatorial Guinean government has mandated the installation of surveillance cameras across all state offices, aiming to monitor officials’ conduct and deter future misconduct.
Zenón Obiang Obiang Avomo, who steps into the role at ANIF is a graduate of the National University of Equatorial Guinea, Avomo and has held key positions, including Magistrate Judge in Malabo, Director General of Contract Studies and State Markets at the Ministry of Finance, and Secretary General for both the Ministry of Finance, Economy and Planning, and the Ministry of Mines, Industry, and Energy.
Baltasar Engonga: Equatorial Guinea appoints new anti-graft agency boss
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