The Hill News

Last week, Reuters reported that Teodorin Obiang, son of the autocratic leader of Equatorial Guinea, will challenge the U.S. Department of Justice’s asset forfeiture claim against his $30 million Malibu estate, $38.5 million Gulfstream jet, millions of dollars in Michael Jackson memorabilia, and other property. The Department of Justice alleges that the assets were bought with the proceeds of corruption.

The United Nations has dedicated today, December 9th, to be International Anti-Corruption Day. Teodorin Obiang, who officially makes just $60,000 in his job as the Equatorial Guinea Minister of Agriculture and Forestry, was in possession of over $70 million dollars of property in the U.S. alone. He had plans also, reportedly, to build a $380 million yacht.

Teodorin Obiang’s brazen profligacy provides a prime example of corruption on a day where we should work to call attention to corruption and its horrible consequences for the world’s poorest! people, including the people of Equatorial Guinea. 

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