Probe into Obiang’s son’s ex­trav­a­gances

The Star Early Edition - - WORLD -

PARIS: The French au­thor­i­ties are in­ves­ti­gat­ing yet an­other African leader, or rel­a­tive of an African leader, on charges of cor­rup­tion and plun­der­ing the re­sources of their home­land.

The trial of Teodorin Obiang, the son of Equa­to­rial Guinea Pres­i­dent Teodoro Obiang Nguema Mba­sogo, who is fac­ing charges of laun­der­ing and em­bez­zling pub­lic funds, has started in Paris.

Obiang, 48, stands ac­cused of us­ing money plun­dered from Equa­to­rial Guinea to buy lav­ish prop­er­ties, cars and other goods in France, Euronews re­ported.

Pros­e­cu­tors al­lege that Obiang’s $80 000 an­nual salary as farm­ing and forestry min­is­ter in the oil-rich African coun­try does not tally with his ex­trav­a­gant pur­chases which in­clude a 25 mil­lion prop­erty on the up­mar­ket Av­enue Foch in Paris, lux­ury cars, jew­els and clothes all to­talling about 100m.

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.