“For the past year Forbes has been tracing Isabel dos Santos’ path to riches, reviewing a score of documents and speaking with dozens of people on the ground. As best as we can trace, every major Angolan investment held by Dos Santos stems either from taking a chunk of a company that wants to do business in the country or from a stroke of the president’s pen that cut her into the action. Her story is a rare window into the same, tragic kleptocratic narrative that grips resource-rich countries around the world. For President Dos Santos it’s a foolproof way to extract money from his country, while keeping a putative arm’s-length distance away.”
How An African ‘Princess’ Banked $3 Billion In A Country Living On $2 A Day
- Post author:The Freedom Watch Staff
- Post published:August 17, 2013
- Post category:Network Archives
Tags: Africa, Animal Farm, Bankocracy, CLibertyC, constitutional liberty coalition, crony capitalism, economic Trends, for life and liberty, It's Good To Be The King, Mainstream News, Resistance, sound money, statism, The Freedom Watch
The Freedom Watch Staff
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The Freedom Watch Network