Thursday, September 08, 2016

Son Of Equatorial Guinea’s President To Face French Trial

Teodorin Nguema Obiang Mangue denies the charges
The son of Equatorial Guinea’s president, who also serves as his deputy, is face trial in France on money-laundering and corruption charges, French judges have decided.
BBC Africa Live report continues:
Teodorin Nguema Obiang Mangue, 47, has denied charges.
He had argued that as a senior official he had diplomatic immunity.
His father, 74-year-old President Teodoro Obiang Nguema Mbasogo, seized power from his uncle in 1979 and was re-elected in April with 93.7% of the vote.
The French case is part of a broader investigation into allegations that several African leaders have bought assets in France with embezzled public funds.
Together they are suspected of owning 63 luxury properties in Paris and some two hundred bank accounts.
Since the mid-1990s Equatorial Guinea, a former Spanish colony, has become one of sub-Sahara's biggest oil producers but a large proportion of the population still lives in poverty.

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