Like, Share, Leave a comment
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •   
  •  
  •  
Reading Time: 1 minute

Portugal has ordered a freeze on the bank accounts of the billionaire businesswoman Isabel dos Santos, who is currently the subject of a criminal investigation in Angola.

The office of Portugal’s public prosecutor said in a statement Tuesday the order was part of a “request for international judicial cooperation from Angolan authorities.”

The Portuguese freezing order came just one day after Spanish lender Abanca Corp. Bancaria SA agreed to buy 95% of Lisbon-based lender EuroBic Portugues SA, in which Dos Santos has a 42.5% stake, for an undisclosed amount.

Portuguese weekly Expresso first reported the measure on its website on Tuesday.