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Sergio Goncalves

Portugal investigates firms co-owned by dos Santos; Angola may seek arrest warrant

23 Jan 2020

LISBON Portugal's market watchdog has launched inquiries into various firms where Angolan billionaire Isabel dos Santos holds stakes, after Angola's chief prosecutor said she could face an international arrest warrant if she fails to cooperate in a fraud investigation. | Video

Angola's dos Santos named suspect over alleged fraud, selling Eurobic stake

22 Jan 2020

LISBON Angola's billionaire former first daughter, Isabel dos Santos, has decided to sell her stake in Portuguese bank Eurobic, the small lender said on Wednesday.

Portugal probes Angola leaks as Eurobic bank distances itself from dos Santos

20 Jan 2020

LISBON Portuguese authorities said on Monday they had started investigating media reports concerning Angolan billionaire Isabel dos Santos, while a small bank said it had decided to put an end to commercial relationships with entities she controls.

Portuguese court rules against dos Santos over tweets she calls slander

17 Jan 2020

LISBON Citing freedom of expression, a Lisbon court has ruled against Isabel dos Santos, the billionaire daughter of Angola's former president, who had demanded the removal of several tweets by a long-time Portuguese critic accusing her of money-laundering.

Exclusive: Bank of Portugal scrutinizes Isabel dos Santos' Eurobic

16 Jan 2020

LISBON Portugal's central bank is carrying out an inspection of small local lender Eurobic, in which Angolan billionaire and former first daughter Isabel dos Santos is the main shareholder, to assess its procedures against money laundering, Eurobic said.

Angola and Congo tell dos Santos to cooperate with justice after asset freeze

05 Jan 2020

LISBON The presidents of Angola and Congo said on Sunday Isabel dos Santos, the billionaire daughter of Angola's previous leader, and her Congolese husband Sindika Dokolo should cooperate with the justice system after their assets were frozen.

EDP sells hydro plants in $2.4 billion deal and delivers profit warning

19 Dec 2019

LISBON Portugal's largest utility EDP said on Thursday it has agreed a multi-billion euro deal to sell six hydro power plants in the Douro river basin, to a consortium led by France's Engie .

Portugal targets first budget surplus in decades, solid growth

17 Dec 2019

LISBON Portugal's government unveiled its draft 2020 budget on Tuesday, projecting the country's first fiscal surplus in 45 years of democracy on solid growth and promising a gentle tax reduction for small firms and more taxes on bullfighting events.

Portugal PM woos small parties, opposition islanders to guarantee first budget surplus

13 Dec 2019

LISBON Prime Minister Antonio Costa will unveil Portugal's first draft budget with a surplus on Monday, seeing off pressure to loosen the purse strings by negotiating support from an animal rights party and lawmakers from the resort archipelago of Madeira.

Portugal PM woos small parties, opposition islanders to guarantee first budget surplus

13 Dec 2019

LISBON, Dec 13 Prime Minister Antonio Costa will unveil Portugal's first draft budget with a surplus on Monday, seeing off pressure to loosen the purse strings by negotiating support from an animal rights party and lawmakers from the resort archipelago of Madeira.

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