|Isabel dos Santos, the daughter of former Angolan President José Eduardo dos Santos has seen her diamond exploration licenses taken from her. According to a report by Reuters, the president of state diamond company Endiama, José Manuel Ganga Júnior, told a group of investors during a closed door meeting last month that the licenses have expired and are now available for new exploration partners. The licenses previously owned by dos Santos are the Camafuca-Camazambo and Chiri licenses located in the northeastern diamond producing provinces of Lunda Note.|
Known as the "princess", she is the symbol of nepotism.
|Dos Santos denied embezzlement when running the state-owned oil company Sonangol. On February 28, the new CEO of the company, Carlos Saturnino, denounced the mismanagement of his predecessor and pointed to a transfer of $ 38 million to a Dubai-based company. Banco BIC, a bank in which dos Santos is a director and significant shareholder, executed the transfer. |
She denounced a crusade, encouraged by the opposition parties, with the aim of "dirtying her name".