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MP suspects Isabel dos Santos built mansion in the Algarve with money from Dubai – banking — financas

The Public Ministry (MP) suspects that Isabel dos Santos will own, through the offshore company Burgate, a mansion built in Quinta do Lago, in the Algarve. The property is valued at more than three million euros, advances the Morning mail. According to the newspaper, investigators suspect that the property was built with part of the money transferred from Sonangol to Dubai in 2017, when the Angolan businesswoman was president of Sonangol. The mansion began to be built in 2017 after Burgate Properties LLC – Sucursal was established in Portugal.

Jorge Brito Pereira, former lawyer of the Angolan businesswoman, is the representative of this entity, according to the data published on the Portal of Justice, cited by the publication. The accounts of Burgate’s branch show, according to Correio da Manhã, that in 2017 and 2018 more than three million euros were invested in the construction of the property.

This month, the MP and the Judiciary Police searched the property, following the investigation of Isabel dos Santos. After the searches, the businesswoman denied that she owned the house at Quinta do Lago. In a statement it was said that “businesswoman Isabel dos Santos and her husband [Sindika Dokolo] have no property in the Algarve “.

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