Information Center: Financial Times
Oil and mining groups with US listings will be forced to disclose details of their payments to foreign governments after US regulators rejected most of the industry’s efforts to water down new transparency rules.
The son of Equatorial Guinea’s president spent $315m between 2004 and 2011 on mansions, cars, luxury goods and memorabilia, including Michael Jackson’s “white crystal-covered ‘Bad Tour’ glove”, according to the US department of justice.
The Financial Times recap of the November 2009 presidential elections in Equatorial Guinea included a quote from EG Justice's executive director Tutu Alicante.
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Publishing Organization: Financial Times
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