Isabel dos Santos confirms João Lourenço's order for the State to leave Efacec

Isabel dos Santos confirms João Lourenço's order for the State to leave Efacec

Pedro Granadeiro/Global Imagens

The Angolan businesswoman assures that no public funds were used in the purchase of Efacec shares.

Isabel dos Santos confirmed on Friday a command from the Angolan President, João Lourenço, for the National Electricity Distribution Company (ENDE) to leave Portugal's Efacec Power Solutions.

Speaking to Valor Económico newspaper, the daughter of former Angolan President José Eduardo dos Santos reiterated, however, that no public funds were used in the purchase of Efacec shares and stated that ENDE did not pay the full amount of its stake, which fell from 40% to 16%.

Read more on: TSF

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