Court orders seizure of Africa’s richest woman Isabel dos Santos $1bn asset – Newstrends
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Court orders seizure of Africa’s richest woman Isabel dos Santos $1bn asset

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Isabel dos Santos

The Angolan Supreme Court has ordered the seizure of properties belonging to the daughter of the country’s former president Isabel dos Santos, as requested by the Public Ministry.

The properties ordered by the court to be seized are valued at a total of $1 billion. The report also claims that the court order is tied to an embezzlement scandal that has been ongoing with the billionaire.

“There are indications of embezzlement, influence peddling, economic participation in business and money laundering, foreseen and punishable”, the report by Angolan state-owned news publication, Jornaldeangola, read in part.

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The Angolan Supreme court also called for the freezing of 70% of the shares of Mozambique telecommunications company Mstar, and ordered the seizure of 70% of the defendant’s shares in Upstar Comunicação.

Earlier this month, the news agency Reuters, reported that the global police agency Interpol is asking law enforcement authorities around the world to locate and provisionally arrest Angolan billionaire Isabel dos Santos.

To be more specific, Interpol issued a red notice and not an international arrest warrant, to which Isabel dos Santos responded that she is being politically victimized.

This corruption scandal dates back years, with accusations of steering public funds toward her personal business interest. She has been accused alongside her husband of using $1bn in state funds to finance companies in which they held stakes during her father’s presidency, including from oil giant Sonangol.

There are some official records that show that Isabel dos Santos was wanted for various crimes, including alleged embezzlement, fraud, influence peddling and money laundering.

Isabel dos Santos was named Africa’s richest woman in 2020 by Forbes magazine, with an estimated net worth of $1.5 billion. She is the daughter of the late former president of Angola, Jose Eduardo dos Santos who ruled for 38 years, ending his tenure in 2017.

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Hundreds of Boko Haram suspects arrested in Lagos – CJTF

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Lagos Police Public Relations Officer, CSP Benjamin Hundeyin

Hundreds of Boko Haram suspects arrested in Lagos – CJTF

Hundreds of suspected Boko Haram members have been arrested in Lagos State, according to the Commander of the Civilian Joint Task Force in Lagos State, Mr Kumar Sanda.

Sanda made the announcement on Wednesday during an award ceremony in Lagos, where he highlighted the CJTF’s efforts to prevent Boko Haram insurgents and bandits from infiltrating the state.

Kumar was honoured with the Nigerian Human Rights Community’s Best Security Group in Lagos award at an event held at the Airport Hotel in Lagos.

According to the CJTF Commander, arrests are done on a regular basis at caravan parks, quarries, marketplaces and other locations where northerners congregate when they arrive in Lagos.

He reaffirmed the CJTF’s commitment to respecting the Lagos State government’s mission to prevent the state from becoming a safe haven for militants fleeing military operations in the north.

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“If I should mention the number of Boko Haram members we have arrested in Lagos State, people will not believe it. But we have arrested thousands,” Kumar said.

“The CJTF monitors trailer parks and quarries and checks truck pushers because we understand the channels through which they enter Lagos. Our people must remain vigilant. Not all Abokis are bad, but not all are good either. We are committed to keeping Lagos free from Boko Haram and banditry.”

He added, “Boko Haram has no domain in Lagos State. The Chief of Staff to the Lagos State Governor is constantly in touch with us to ensure the people sleep with their eyes closed.”

Sanda also warned against assuming that all terrorists operating in the North are Nigerians. While not absolving Nigerians entirely, he claimed that many insurgents and bandits are non-Nigerians who infiltrate the country’s borders and pose as citizens.

“Whenever you see a man from Borno State, you might feel scared because of Boko Haram,” he said. “But many of those you see are not truly Nigerians. That’s not to say there are no Nigerians among them.

“It’s a fact that Boko Haram originated in Borno State, and we monitor individuals from Borno across Lagos. We know when new arrivals come in because we track the truck routes. A person from Borno can identify others from his state; the same goes for indigenes of Kano and other states.”

Hundreds of Boko Haram suspects arrested in Lagos – CJTF

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$2.3bn Siemens power project idle before Tinubu came – Minister

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Minister of Power, Adebayo Adekola Adelabu

$2.3bn Siemens power project idle before Tinubu came – Minister

The Minister of Power, Adebayo Adelabu, has stated that the $2.3bn Siemens project signed by the Buhari administration did not embark on any infrastructure development since the agreement was signed in 2019.

The minister, during a meeting with a delegation of the World Bank in his office in Abuja, said not until the ascension of the current administration before the country got a mobile power station.

“We entered into the Siemens contract in 2019. We never lifted a finger until 2023, when this government came on board. So, you can now imagine since this president came in and now look at the mileage we have achieved. Even in this Siemens project, the pilot phase is almost completed and that is in less than two years, when in four years we didn’t do anything”, Adelabu said while expressing optimism that the future is bright for the sector.

The minister blamed the neglect of the sector by the past administrations for the rot and the degeneration that the sector is passing through.

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“We actually have a past that we are not proud of. Over the years, we have only been paying lip service to transforming the power sector. We have not walked the talk. Previous administrations have kept on doing the same thing all the time and you cannot get different results for that, which is why we have decided to do things differently this time. In all the segments across the sector, we must run away from the past.”

Adelabu, in a statement by his media aide, Bolaji Tunji, lamented the neglect of power infrastructure, which has contributed to the present problems in the sector.

“How will you explain the kind of infrastructure that we put together for our transmission network across the country?  Thousands of kilometers of power line, thousands of power transformers, hundreds of thousands of distribution transformers that we have not maintained over time and expect them to keep sustaining our energy supply. It is not possible.

“How do we allow our people to vandalise infrastructure and expect stable electricity?  So how do you have a sector with over 12 million customers and our meter is not more than six million and we expect to have a stable industry? No, it’s not possible.  So what has happened with past governments?

“In 1984, when the military was in power here, we achieved 2,000 megawatts. Between 1984 and 2023, it took us 40 years to add an additional 2,000 megawatts. Now, we have an average of 5,800 megawatts generated within one and a half years that we came to the office. What I’m saying is that, if the past administrations have been adding things like this, we will not be where we are today. And that is why I said that President Tinubu is actually laying the kind of foundation that we need for our country to grow”.

He however stated that the current administration is laying a solid foundation for a stable, reliable, and effective power supply for Nigeria and is willing to partner with international agencies and reputable organisations to achieve the objectives.

 

$2.3bn Siemens power project idle before Tinubu came – Minister

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Yahaya Bello petitions IGP over alleged defamation by Natasha

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Senator Natasha Akpoti-Uduaghan and former Kogi State Governor Yahaya Bello

Yahaya Bello petitions IGP over alleged defamation by Natasha

Former Kogi State Governor, Alhaji Yahaya Bello, has called on the Inspector General of Police to investigate and prosecute Senator Natasha Akpoti-Uduaghan over alleged defamatory and inciting statements made against him.

In a petition dated Wednesday and signed by his solicitor, Mr. N.A. Abubakar, Yahaya Bello urged the police to invite the senator, who is currently suspended from representing Kogi Central Senatorial District, to present credible evidence supporting her allegations.

“Where she fails to do so, cause her to be arrested and prosecuted in accordance with the provisions of the law for criminal defamation, inciting public disturbance and spreading false information injurious to public peace,” the lawyer stated.

Yahaya Bello’s legal team insists that the statements made by Akpoti-Uduaghan during a political rally were false, reckless, and designed to incite public unrest. They described her comments as “serious criminal defamation, false accusation and incitement to public disorder, all of which are offences under the Nigerian law.”

In a separate letter from Chief R.O. Balogun, SAN & Co., Bello has also demanded a retraction and public apology from Akpoti-Uduaghan, threatening legal consequences if she fails to comply.

According to the letter, the contentious statements were made during a “Homecoming Rally” held on April 1, 2025, in Okehi Local Government Area. During her address, Senator Akpoti-Uduaghan allegedly stated:

“(Senate President Godswill) Akpabio sent for Yahaya Bello. And it was actually Senator Asuquo from Cross River that drove Yahaya Bello from Hilton Hotel. I was informed of everything and what I got to know of the meeting was in two folds. He told him to commence my recall and that he was going to fund it – of course, monies changed hands that night. The second thing he told him was that he should try and kill me. I didn’t make this public, but I wrote to the IG of Police. Akpabio told Yahaya Bello. He told him that he should make sure that killing me does not happen in Abuja, that it should be done here, so it would seem as if it’s the people that killed me here …”

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Yahaya Bello’s lawyer said these remarks, which have since circulated widely online, violate Section 24(1)(b) of the Cybercrimes Act, 2015, as well as Sections 114 and 140 of the Penal Code, by spreading false information with intent to cause harm.

He stated that the senator’s accusations have, “Gravely damaged our client’s reputation by portraying him as a violent and vengeful political actor, and misled the public and tried to incite ethnic and political distrust, especially among clans of Ebiraland in particular and the people of Kogi Central in general. Brought his name into disrepute on the basis of an allegation so weighty that, if left unchallenged, could harm his political career and personal safety; and abused her parliamentary status and platform by propagating such falsehoods without evidence, in a very public and politically charged setting.”

Bello’s legal team further described the senator as unstable, stating, “Our Client states that he has long considered Natasha Akpoti-Uduaghan as unhinged and apparently possessed of a schizophrenic disorder, characterized by manic narcissism, wild hallucinations, delusions, disorganized thinking and an incurable incontinence with emotions and social interactions – hence his patient indulgence of her in the past while he was Governor in Kogi State when he restrained himself many times from seeking legal redress even though she frequently harassed him in the media with all sorts of horrible and damaging lies.”

The former governor emphasized that he no longer sees the need for tolerance, adding, “Our Client, however, asserts that he has long ended his stewardship of Kogi State as Governor and moved on to other pursuits – and that he no longer feels the same duty of paternalistic indulgence which he had for all Kogites as his citizens while in Office, and still exhibits till today, hence his insistence on full redress for her (Akpoti-Uduaghan’s) current accusations which, as usual, are totally fabricated and utterly baseless.”

Bello urged the Inspector General to act promptly, warning that failure to prosecute Akpoti-Uduaghan could encourage others to exploit political platforms for falsehoods and incitement, thereby undermining national peace and democratic integrity.

In the final demand letter to Akpoti-Uduaghan, Yahaya Bello’s lawyers outlined three conditions:

  • A formal retraction of the alleged defamatory statements published in two national newspapers.
  • A commitment to cease any further defamatory statements in any form of media.
  • Compliance with the above within 14 days of receiving the letter.

They warned that failure to meet these conditions would trigger both civil and criminal legal actions.

Yahaya Bello petitions IGP over alleged defamation by Natasha

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