Equatorial Guinea: Swiss hand back Teodorín’s yacht


Issue 386 - 14 Feb 2019 | 1 minute read

Vice-president Teodoro Nguema Obiang Mangue’s $100m luxury yacht Ebony Shine is being returned to him after Swiss authorities closed an investigation into money laundering and mismanagement of public assets. Authorities in Geneva said on 7 February they had decided to dismiss proceedings against Obiang (known as Teodorín) and two other defendants.

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