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Friday, 6 January 2017
POLITICS
POLITICAL LEADERSHIP IN AFRICA
DENS OF MISMANAGEMENT
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Teodorin Obiang(pictured), boasts about his jetset lifestyle on Instagram
Most African leaders believe that they and their families have a divine right to loot the treasuries of their countries and thus impoverish their citizens.
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Obiang is accused of stealing from his country to buy fast cars
For example, Teodorin Obiang, the 47 year old son of the President of Equatorial Guinea is charged with blowing millions in state funds to procure fast cars, palatial homes, private jets, speed boats and other luxury items.
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In a settlement, Obiang agreed to hand over more than £24.5million worth of properties, including a vast villa in Malibu, California (shown)
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He is regularly pictured riding £44,000 Tron bikes
Obiang has simply used his position as Vice-President of the country to feather his own nest.
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Obiang is pictured driving a Batmobile which is rumoured to sell for £547,000
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Obiang posted this shot of a submarine on his Instagram
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Obiang flashed his luxury watch while flying in a private jet
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Obiang posed with lions on his Instagram account
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Obiang posing in a luxury car
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Obiang was pictured using a Segway during holiday
Obiang's house on Paris' Avenue Foch which boasts of a cinema, spa, hair salon and taps covered in gold leaf, is estimated to be worth around £91 million. His trial, in a French court, has been adjourned at the request of his defence team. Us officials have already forced Obiang to forfeit property after accusing him of corruption. Dutch, Swiss and French authorities have also seized property including Obiang's yatch, the Ebony Shine, and his Paris mansion.
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