South Africa Seizes Assets Of Equitorial Guinea’s Vice President
South african officials have seized a superyacht and two palatial homes owned by equatorial guinea’s vice-president Teodoro Nguema Obiang.
A court ordered the seizures after local businessman daniel janse van rensburg won a law suit against obiang for unlawful arrest and torture.
He has demanded compensation of about $2.2m .
The vice-president, the son of the world’s longest-serving ruler, has not yet commented on the case.
He and president Teodoro Obiang Nguema Mbasogo reportedly got accused of seeing oil-rich equatorial guinea as their personal fiefdom, and of abusing its wealth and resources.
In 2014, us authorities seized a $30m mansion in alibu and other assets, included a ferrari car, saying they had been bought with the proceeds of corruption.
In the same year, the UK imposed “anti-corruption” sanctions on him.
Officials said he had a collection of michael jackson memorabilia, including a $275,000 crystal-covered glove which the late singer had worn on his 1980s bad tour.