IOM linked to leaked documents

Monday, 27 January 2020 07:18

By Leanne Cooke @leannelily18

The Isle of Man's found itself linked to another huge trove of leaked documents about possible wrongdoing in international finance.

The Luanda Leaks look at dealings by Africa's richest woman, Sindika Dokolo - the daughter of a former leader of Angola.

Investigators are looking into claims she stole billions of pounds from the country and hid her fortune around the world.

One claim being looked into is how a Portuguese bank she part-owned set up an account for a shell company in the Isle of Man which then received a $50 million transfer.

More from Isle of Man Business

Police raid egaming firm's offices

Police say they carried out raids at two offices of an egaming company this week.
Skills shortage strategy launched by DESC

A new strategy to tackle a skills shortage on the Island has been revealed.
Cav supports sports investment fund

Manx cycling star Mark Cavendish has joined the likes of football star Cody Gakpo and MotoGP rider Cal Crutchlow in a sport investment fund.
Chamber of Commerce says hospitality approaching crisis point

The Isle of Man Chamber of Commerce is asking the government to take urgent action to protect the future of the Island's hospitality industry.
Tax deadline approaches for employers

There's just a fortnight left for employers and contractors to get tax returns in.
Digital innovation for business event in Douglas this week

An event welcoming people from all business sectors across the Island is taking place later this week.
How loyal are you to your bank?

A company's asking for people to take part in a survey as it gauges customer loyalty on the Island.
Has your Go card stopped?

Isle of Man Transport says IT problems this week means some Go cards haven't topped up properly.