Equatorial Guinea

Forfeited EGuinea VP assets to be used by UN, NGO for health care

Forfeited EGuinea VP assets to be used by UN, NGO for health care

  • The US alleged that Obiang, the son of the leader of Equatorial Guinea, had amassed more than $300 million worth of assets through corruption and money laundering
  • Obiang was forced to sell a Malibu, California, mansion that he purchased for $30 million, a Ferrari automobile and various items of Michael Jackson memorabilia
By AFP ·