Paris Villa Of Equatorial Guinea Leader's Son Obiang Seized-BBC

Teodorin Obiang
By SaharaReporters, New York

French authorities have seized the Paris mansion of the son of Equatorial Guinea's leader as part of a money-laundering probe, officials confirm.

Teodorin Nguema Obiang Mangue is currently being sought on corruption charges.

His Paris villa is thought to be worth between 100m (£79m: $124m) and 150m euros, the AFP news agency reports.

Mr Obiang, the 43-year-old son of President Teodoro Nguema Obiang Mbasogo, denies any wrongdoing.

Authorities seized the six-storey property on July 19, a court official told the BBC.

The luxury mansion is located on Avenue Foch in one the most prestigious neighbourhoods of the French capital.

A week earlier, Judge Roger Le Loire had issued an international search warrant after Mr Obiang refused to be interviewed by magistrates on charges of corruption.

The allegations were brought forward by anti-corruption group Transparency International. The organisation suspects Mr Obiang, as well his father and several other African leaders, of using state assets to acquire property in France.

'Judicial immunity'
Teodorin Nguema Obiang Mangue, son of Teodoro Obiang Nguema Mbasogo, the president of Equatorial Guinea. Teodorin Obiang is known for his lavish lifestyle

Mr Obiang's lawyer, Emmanuel Marsigny, told the AFP news agency in mid-July that he had not been informed that any mandate for his client's arrest had been issued.

He added that any such warrant would be a "non-event" due to Mr Obiang's status.

"Mr Obiang has judicial immunity as he is the vice-president of Equatorial Guinea and therefore could not attend the summons," Mr Marsigny said.

Correspondents say Mr Obiang, who serves as agriculture minister, is known for his lavish lifestyle.

He recently hit the headlines when he honoured his promise to pay his national football team $1m (£641,000) for winning the opening game of the Africa Cup of Nations which Equatorial Guinea co-hosted earlier this year.

In October 2011, the US government said it would seek to recover assets worth more $70m from Mr Obiang. A month earlier, French police seized some fifteen luxury cars belonging to Mr Obiang, including a Maserati, Aston Martin and Rolls Royce.

Equatorial Guinea is one of Africa's largest oil exporters, but most of its 720,000-strong population lives in poverty.

President Obiang seized power from his uncle in 1979 and was re-elected last year with 95% of the vote.
 

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In total agreement, why do

In total agreement, why do discriminating or selective prosecution! Talking about the Big Fishes (thieves) in nigeria don't they also have offshore acounts and operating in France?

Financial Education & Awareness

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BIRDS OF THE SAME FEATHER

Birds of the same feather.

WHAT AN IDIOT VEE PEE

WITH ALL THAT MONEY, HE ENDED UP WEARING SUCH A HIDEOUS SUNGLASSES. HE WILL BE OUSTED WITH HIS FATHER JUST LIKE GHADDAFI, MUBARAK. HIS END IS NEAR WHEN A FOREIGN GOVT GOES AFTER YOU. ENJOY THE LIITLE FREEDOM YOU HAVE LEFT WHILE IT LAST.

Corruption is African's, nay

Corruption is African's, nay Nigerian's Olympic!

So its everywhere?

So this thing is everywhere, not only in jonathan( farouk, dimeji and others ) nigeria? God please wipe out all these wicked looters from the world.

The europeans are the most smart

Why would they always wait after the person would have looted more than enough to open up. That is because they know once they take you on few major ones you will not have the grounds to claim others. What now happens to the other loots? Why dont they bounce on them in the act and correct it ''abinitio''. African leaders and Nigerian leaders in particular should wake up.

africa's leaders habit

this is a common habit practiced by african leaders they drained there country take it to the western world n eventualy end up with developing west while setback his own country.shame on you so-called leaders of africa

He is vice president,

He is vice president, agricultural minister and a president in waiting. This Africa sef! I don't know why Nigeria' did not annex this small island as the 37th state. They are just like cross river or akwa ibom. Anyway, is it not same with Tukur's son, ahmadu ali's son, obasanjo'son, babangida's son? The list goes on. France should leave the man joo. Why don't they confiscate properties of rogue Nigerian leaders and their families?

No hope for Africa

Cenutries ago a great Leader in west Saharan Africa, Mansa Musa lead a foundation... Of what read History of extravagant men in African history. No leaders in our continent, we have looters greedy men. Everyone waits for his/her torn opportunity makes a thief. Pls come to NIGERIA.

A typical African

The Famous quote by Lord Lugard on Africans "In character and temperament the typical African of this race-type is a happy,
thriftless, excitable person. Lacking in self control,
discipline, and foresight. Naturally courageous, and
naturally courteous and polite, full of personal vanity, with
little sense of veracity, fond of music and loving
weapons as an oriental loves jewelry. His thoughts are
concentrated on the events and feelings of the moment,
and he suffers little from the apprehension for the
future, or grief for the past. His mind is far nearer to
the animal world than the that of the European or
Asiatic, and exhibits something of the animals placidity
and want of desire to rise beyond the State he has
reached". This best describes an african.

Sieze that of IBB, OBJ, TINUBU, BUHARI, ABDULSALAM, DAVID M, etc

Please France, GB, US, Egypt, Jamaica, Belize and Switzerland, pls help seize the ill gotten property via corruption, of some Nigerians. I will attempt to write some names bt I'm SH's database will overflow:
1. IBB & Family
2. OBJ & Family
3. Gen Danjuma & Family
4. Sen David Mark & Family
5. Bola Ahmed Tinubu & Family
6. Gen Addulsalam & Family
7. Turia Yar'Adua & Family
8. Dimeji Bankole & Family
9. El-Rufai & Family
10. Bamagar Turkur & Family
11. Ali Mohammed & Family
12. All past and present senators & Family
13. All past and present legislathieves & Family
14. All past and present Governors & Family
15 All past and present petroleum ministers
16. Allison Madueke & Family
17. Lukman Rilwan & Family
18. Babangida (The Oliver twist Governor)
19. All past and present Head of Customs
21. All past and present IGs & Family
22. All past and present Ambassadors & Family
23. All past and present CBN Governors
. . . etc, I am tired of typing

Transparency International

Transparency International, you guys need to focus on Nigeria. From dumbo Jonathan and dumbress Mrs Jonathan to the governors, senators and congressmen and women. They all need to account for their wealth. If you guys do this, Nigerians will ever be grateful to you. Go after their children and their girlfriends. PLEASE HELP US..................

Child's play

Come to Nigeria and see real thieves. This is child's play. I totally concur with Dioka. Where's Bankole et al ????? How about Senate President and the recent revelations by Sahara Reporters? Which would one talk about ? Shameless people in rotten country!!!!!!

FOOLISH AFRICANS MAKE OUR CONTINENT LOOK DIRTY

HE STOLE FROM THE POOR CONTINENT AND CAME TO COMPETE

WITH THE SUPER RICH IN THE WEST LEAVING HIS POOR

PEOPLE AT HOME. WHAT A SHAME! !

African monies lost

The case will go to court and stay there for years. The legal fees for both defence and prosecution will add up to more than 30 million dollars. By the time all taxes/charges are deducted Equitorial Guinea will end up with 40 million dollars. Same thing happened to Ibori.

When would African leaders

When would African leaders begin to learn. Why do they prefer to give out what WE have to Europeans while (WE) their kinsmen languish in poverty?

@DIOKA Not "his citizens"

They are not owned by him, they are humans too. They can choose to take this siht or deal with the problem. The man doesn't have two heads. The same goes for all of africa.

ROCK-STAR LIFESTYLE AS HIS CITIZENS WALLOW IN POVERTY.

Typical of foolish African leaders and thier families.Most of the siezed assets will end up in the coffers of the rich European countries.
Transparency International has done a good job,they must direct thier focus on Nigeria,we have a lot to recover,possibly more than any country in the world.

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