Dutch court sides with report calling dos Santos-linked energy deal an ‘act of corruption’ ...Middle East

A deal that gave one of the wealthiest families in Africa a lucrative stake in a large Portuguese energy company could be a step closer to dissolution, following a new ruling from a Dutch court. The ruling validates a damning report from a court-appointed director of Esperaza Holding BV, a vehicle used by Angola’s state oil company, Sonangol, to buy shares in Galp, the Portugese energy firm. That report concluded that the 2006 sale of 40% of Esperaza to Exem Energy BV, a company owned by Congolese businessman Sindika Dokolo, was “an act of corruption” and should be voided. At the time of the acquisition Dokolo was married to Isabel dos Santos, the daughter of Angola’s former autocratic presi

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