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Business Daily

What next for Africa's richest woman?

Jan 24, 2020
Former Reuters sub-Saharan Africa bureau chief, Ed Cropley, discusses the corruption charges against Isabel dos Santos in Angola. Mark Hays from Global Witness highlights the role of international banks in the scandal. Tom Keatinge from RUSI talks about progress in tackling money laundering.
17:26

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Podcast summary created with Snipd AI

Quick takeaways

  • Isabel dos Santos faces corruption charges in Angola, highlighting the need for international financial transparency.
  • International banks and accountants bear responsibility for enabling corruption, necessitating improved due diligence in financial transactions.

Deep dives

Isabel Dossantos Challenged with Corruption Allegations

Isabel Dossantos, Africa's richest woman and daughter of Angola's former president, is facing charges of money laundering and corruption in Angola. Accusations point to her exploiting the country's resources for personal gain, raising concerns about international financial systems handling corruption allegations.

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