Angolan President Joao Lourenco on Wednesday sacked his predecessor's daughter from his influential position at the head of state-owned oil company Sonangol, the presidency said in a statement.
His appointment to the oil giant last year was widely criticized as a symbol of nepotism and corruption that flourished under Dos Santos.
Lourenco won power as the ruling party's candidate in August after pledging to clean up Angola's rampant corruption and revive its apathetic economy.
"Under the powers vested in him by the constitution, the president... has decided to relieve the following directors who make up the board of Sonangol," said the statement, which named former president Jose Eduardo dos Santos' daughter, Isabel.
Known derisively as "the princess", 44-year-old Isabel became the public face of the Dos Santos business empire.
Even through the collapse in the oil price in recent years, crude has remained Angola's leading revenue source, contributing 70 percent of the country's income.
Isabel dos Santos described herself as an "entrepreneur" on her Twitter account and the US-based Forbes magazine claims that she is Africa's richest woman.
"Under the powers vested in him by the constitution, the president... has decided to relieve the following directors who make up the board of Sonangol," said the statement, which named former president Jose Eduardo dos Santos' daughter, Isabel.
Known derisively as "the princess", 44-year-old Isabel became the public face of the Dos Santos business empire.
Even through the collapse in the oil price in recent years, crude has remained Angola's leading revenue source, contributing 70 percent of the country's income.
Isabel dos Santos described herself as an "entrepreneur" on her Twitter account and the US-based Forbes magazine claims that she is Africa's richest woman.
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