Equatorial Guinea: Obiang son under formal investigation
Issue 274
- 01 Apr 2014
| 1 minute read
Teodorin Nguema Obiang, son of President Teodoro Obiang Nguema, has been put under formal investigation in France for money laundering. French police have been investigating allegations that Teodorin, whose official titles are agriculture minister and second vice-president, embezzled public funds to buy real estate and other assets in France. He has denied this, saying his wealth came legitimately through successful business dealings. In June 2013, a French court rejected a bid by Equatorial Guinea to get the preliminary probe annulled; a few months earlier, another court ruled that the Catholic Committee Against Hunger and for Development NGO did not libel President Obiang in a 2009 report.
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