Home People “E’Guniea VP, Teodorin Obiang’s assets could be redistributed to the public – High court reveals

“E’Guniea VP, Teodorin Obiang’s assets could be redistributed to the public – High court reveals

by Nwani Chisom
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Oyogist has learned that a top appeal Court in France is due to rule on a conviction handed to the son of Equatorial Guinea’s president for using public money to fund his lavish lifestyle.

If the decision goes against Teodorin Obiang, his assets could be redistributed to people living in his home country, sources reveal.

Mr Obiang ,who is the vice-president of Equatorial Guinea and the president’s son was first convicted in France in 2017.

Last week, Britain imposed sanctions on him for corruption.Equatorial Guinea said the measures were based on lies and warned it would close its embassy in London.

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