The Provincial Court of Luanda ordered the preventive seizure of personal bank accounts of Isabel dos Santos, her husband Sindika Dokolo, and the Portuguese Mário da Silva, in addition to nine companies in which the entrepreneur holds shares.
Isabel dos Santos holds stakes in Portugal in sectors such as energy (Galp and Efacec), telecommunications (NOS) or banking (EuroBic).
Questioned by Lusa, an official source said that "the CMVM is monitoring the implications of the referred judicial decision, namely regarding possible obligations to provide information to the market by national entities".
However, taking into account that "the referred decision focuses primarily on entities governed by Angolan law, it does not seem for the time being, and in view of the information available, that national listed companies, not targeted by the referred decision, are required to disclose information to the market".
Portugal has captured Angolan investment in recent years, with the majority concentrated in the energy, banking and telecommunications sectors, largely through the businesswoman Isabel dos Santos, daughter of the former head of state, José Eduardo dos Santos.
By sectors, in energy, the oil company Sonangol holds an indirect stake in Galp through Amorim Energia. This is because the oil company controls Esperaza Holding, which, together with the Amorim group, owns Amorim Energia, which owns 33.34 percent of Galp Energia.
Amorim Energia's shareholders are Power, Oil & Gas (35 percent), Amorim Investimentos Energéticos (20 percent) and Esperaza Holding BV (45 percent). In turn, Esperaza is 60 percent owned by Sonangol and 40 percent by Isabel dos Santos.
In October 2015, through Winterfell Industries, the company acquired a majority stake in Efacec Power Solutions, with Mário da Silva - one of those involved in the seizure of assets and Isabel dos Santos' 'right-hand man' - presiding over the Board of Directors.
Efacec Power Solutions operates in the areas of engineering, energy and mobility.
In telecommunications, Isabel dos Santos holds a stake in NOS - she also tried to buy PT SGPS, now Pharol, in November 2014, but failed the operation. She entered the sector on 20 December 2009, when through Kento Holding Limited, she took 10 percent of Zon Multimédia.
In May 2012, Unitel International Holdings B.V. acquired 19.24 percent of the operator, as part of a possible merger with Optimus, Sonaecom, from the Sonae Group.
In November of the same year, Sonaecom and Isabel do Santos published the merger that would lead to NOS, the operator controlled by ZOPT, of which the company and the Portuguese group led by Cláudia Azevedo are shareholders.
In banking, it is the largest shareholder in EuroBic - Santoro Financial Holding SGPS holds 25 percent and FiniSantoro Holding Limited 17.5 percent, according to data available on the institution's website - with 42.5 percent of the capital, after having bought part of the position that belonged to the businessman Américo Amorim.
The injunction of preventive seizure, decreed by the court, includes the 99.9 percent belonging to Isabel dos Santos with the company Zap Midia SA, through her company Finstar - Sociedade de Investimento e Participações.
Zap Midia owns 70 percent of Zap, a pay television operator, with the remaining 30 percent in the hands of NOS.
The telecommunications operator, contacted by the Lusa agency, makes no comments on the matter.
