Keyword: Teodorín Obiang

Paris court finds Equatorial Guinea vice-president guilty of money laundering

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A French court on Friday handed Teodorin Obiang, vice-president of Equatorial Guinea and son of the country’s president, a three-year suspended prison sentence and a suspended fine of 30 million euros after he was found guilty in absentia of money laundering wealth embezzled from the African state’s public funds. The presiding magistrates, who in their ruling underlined the initial reticence of French prosecutors to bring Obiang to trial,  also ordered the confiscation of his assets in France, estimated to be worth 150 million euros, including a vast Paris townhouse and a fleet of luxurious cars. Michel Deléan reports.

Equatorial Guinea president's son goes on trial in Paris

Teodorin Obiang, son of President Teodoro Obiang Nguema Mbasogo, is accused of amassing millions of dollars through 'bribes and kickbacks'.

UN court rules cannot halt Paris corruption case against African VP

The International Court of Justice ruled it had no legal powers to stop a French probe into suspected moneylaundering by Equatorial Guinea's vice-president Teodorin Obiang, who claims his vast assets, including property and luxury cars in France, come from wealth gained legitimately.

Son of Equatorial Guinea leader faces corruption trial in France

Teodorin Obiang, 47, will be tried by a Paris court on charges including corruption, money-laundering and embezzlement of public funds.