Paris prosecutors said Wednesday they were seeking a three-year jail term and a 30-million-euro ($34 million) fine for Equatorial Guinea’s Vice President Teodorin Obiang, on trial in absentia for embezzlement. The 48-year-old son of President Teodoro Obiang is charged with using money plundered from his country’s state coffers to fund a jet-set lifestyle in France. … Read more
Former British mercenary Simon Mann, who led a failed 2004 coup in Equatorial Guinea, has accused US billionaire George Soros of since plotting to overthrow its president, in testimony at a high-profile trial in Paris. He also accused William Bourdon, a lawyer for the anti-corruption NGO Transparency International, of being part of a plot to … Read more
These are two of the cars which were seized Prosecutors in Switzerland have seized luxury cars belonging to the vice-president of Equatorial Guinea, who they are investigating for corruption. Teodorin Obiang Nguema, the son of the country’s president, is accused of money laundering. He has not commented. Swiss authorities have seized 11 cars in total. … Read more