Portuguese authorities probe Angola leaks, Eurobic bank distances itself from dos Santos

LISBON, Jan 20 (Reuters) - Portuguese authorities said on Monday they had started looking into media leaks concerning Angolan billionaire Isabel dos Santos, while a small bank said it had decided to put an end to commercial relationship with entities controlled by dos Santos.

Portugal’s central bank said in a statement it had asked Eurobic bank about transfers between Angola and Dubai while a spokesman for Portugal’s prosecutor office said it would investigate reports about dos Santos, in the latest fallout from increased scrutiny of Angola’s former first daughter.

The central bank statement, the prosecutor’s office and Eurobic all referred to hundreds of thousands of files dubbed the “Luanda Leaks” - obtained by the International Consortium of Investigative Journalists (ICIJ) and released by several news organisations on Sunday.

Dos Santos, who holds a 42.5% stake in Eurobic indirectly via two entities and does not sit on the board, had said on Sunday that allegations made against her were “completely unfounded”.

Eurobic did not say what its decision to sever ties with entities linked to dos Santos would mean for its own relation with its main shareholder, who is dos Santos. (Reporting by Sergio Goncalves and Catarina Demony Editinng by Ingrid Melander, Editing by Franklin Paul)