Lisbon’s Central Criminal Investigation Court (Tribunal Central de Instrucao Criminal, TCIC) has lifted an injunction preventing Angolan businesswoman Isabel dos Santos from exercising voting rights as a major shareholder in Portuguese multi-play provider Nos. In April this year the court froze Ms. dos Santos’s assets, including the stake she holds in ZOPT, a holding company jointly owned with Portuguese conglomerate Sonaecom, which in turn controls 52.15% of Nos.
Via Nos, co-owner Sonaecom issued a statement noting: ‘On 12 June 2020, ZOPT received a notice from the TCIC of Lisbon, according to which ZOPT is authorised to exercise the voting rights corresponding to the 26.075% of the share capital of Nos preventively seized by order of the court.’
The move was in connection with the ‘Luanda Leaks’ case that saw the businesswoman accused of corruption on a massive scale. Dos Santos – the exiled daughter of former Angolan President Jose Eduardo dos Santos – has vowed to fight a ‘politically motivated’ Angolan court order issued on 23 December to seize an estimated USD1 billion of assets including a 25% indirect stake in Angola’s leading mobile operator Unitel.