Equatorial Guinea: President’s Son Convicted of Laundering Millions

Expand Teodorin Nguema, Equatorial Guinea's vice president and son of President Teodoro Obiang. © Getty Images (Paris) – A Parisian court on October 27, 2017, convicted the president of Equatorial Guinea’s eldest son in absentia of embezzling tens of millions of euro from his government and laundering the proceeds in France. The court handed down a three-year suspended jail sentence and a suspended €30 million (US$35 million) fine for Teodoro Nguema Obiang Mangue, known as Teodorin, who is also Equatorial Guinea’s vice president. The court seized his assets in France valued at well over €100…

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