Information Center: In the News, Teodorin
EG Justice and Human Rights Watch have called on Julio Iglesias to examine how his concert in Equatorial Guinea is being financed, given concerns over government corruption.
Wanted on money-laundering charges in France, Teodorin Nguema Obiang Mangue, son of the 70-year-old President of Equatorial Guinea, is the poster child of Africa's kleptocratic political elites. On July 13, French authorities issued a warrant for his arrest.
Human rights groups have denounced plans by a UN agency to award a science prize sponsored by Equatorial Guinea President Teodoro Obiang Nguema.
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 US Department of Justice filed an amended complaint attempting to seize more than $70 million worth of goods that belong to President Obiang's oldest son, Teodorin, which he allegedly purchased using fraud, corruption, and money laundering.
International human rights advocates say France’s arrest warrant for Teodoro Nguema Obiang Mangue, known as Teodorín, is an important signal the international community will hold Equatorial Guinea’s leading family accountable.
An amended complaint filed this week in Washington, D.C. federal court laid out the U.S. government’s evidence of alleged grand corruption in Equatorial Guinea it says allowed the son of the country’s president to amass a fortune by stealing from the country’s resource wealth.
Equatorial Guinea President Teodor Obiang Nguema has promoted his farm minister son - wanted in France for alleged money laundering - to vice president in charge of national defense and state security, a government statement said on Tuesday.
The playboy son of autocratic president Teodoro Obiang will pay national soccer team players £1m and $20,000 per goal if they beat Libya in the Africa Cup of Nations.
Teodorin Obiang, the eldest son of Teodoro Obiang, the autocratic president of Equatorial Guinea, is the target of a US government court action to seize nearly $71m worth of assets allegedly siphoned off through corruption.