Angolan billionaire Antonio Mosquito doubles his stake in TotalEnergies-operated offshore oil block
Sonangol has handed 5% of the TotalEnergies-operated Block 17/06 to Falcon Oil, doubling the stake held by Angola's richest man to 10%.
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Sonangol has handed 5% of the TotalEnergies-operated Block 17/06 to Falcon Oil, doubling the stake held by Angola's richest man to 10%.
Courts across Angola, Portugal, the UK and the US have frozen billions in assets belonging to Isabel dos Santos, who lives in Dubai and has never been convicted of a crime.
Accusations of corruption have long plagued dos Santos, including allegations that she and her husband siphoned $1 billion from state funds.
Vicente was once a prominent figure in Angola’s oil industry.
Carlos Manuel de Sao Vicente has a brief window to enjoy his recently released assets while behind bars.