Freezing order in favour of Angola’s sovereign wealth fund is lifted in London

UPDATED. A US$3 billion worldwide freezing order obtained by Angola’s sovereign wealth fund in support of claims of a dishonest conspiracy involving the son of the former president has been lifted, with the Commercial Court in London ruling that many of the claims belong in arbitration in Angola, Portugal or Mauritius, not litigation in England.

Unlock unlimited access to all Global Arbitration Review content