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28 Oct 2017

BREAKING: President's Son Lands In Prison For Corruption

A French court on Friday handed the son of Equatorial Guinea's president Teodoro Obiang Nguema Mbasogo, a suspended sentence of three years in prison after he was found guilty of embezzling millions in public money.
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Teodoro Nguema Obiang Mangue, 48, who is the country's vice president, had been accused of spending millions of dollars allegedly linked to corruption, embezzlement, and extortion in his oil-rich African nation to fund his opulent lifestyle of fast cars, designer clothes, works of art and high-end real estate.

Obiang, who did not attend the trial was also handed a suspended fine of 30 million euros ($35 million), and ordered that all goods seized during the investigation should remain confiscated.



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