Friday, 3 June 2016

Angola President appoints daughter as head of state oil company

Angola's President Jose Eduardo dos Santos has appointed his daughter,Isabel, as head of the state oil company Sonangol.
Isabel dos Santos, named by Forbes magazine as Africa's richest woman, worth an estimated $3.3bn (£2.3bn), takes on the job after the entire board was sacked by her father in April.

It is believed that most of her wealth are largely due to her father's position as president and has been acquired through state money and public funds.

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