Rthe British Foreign Ministry estimates the funds spent by the sanctioned vice-president of Equatorial Guinea at $500 million. This money, in particular, was used to buy a glove of Michael Jackson for $275 thousand.
Teodoro Nguema Obiang Mange
The British authorities announced the introduction of sanctions against five people involved in corruption in Equatorial Guinea, Zimbabwe, Venezuela and Iraq. The sanctions list, in particular, includes the vice-president of Equatorial Guinea, Teodoro Nguema Obiang Mange, the son of the current president of the country, Teodoro Obiang Nguema Mbasogo, who has ruled the African state since 1979.
The report of the British Foreign Ministry notes that Teodoro Nguema Obiang Mange is involved in embezzlement of public funds, corrupt transactions and extortion of bribes to finance a luxurious lifestyle that is incompatible with his official salary. The Foreign Office estimates the amount of funds spent by the vice president of Equatorial Guinea at $500 million, the money was spent on a mansion in Paris ($100 million), a private plane ($38 million), dozens of luxury cars and other things, among which was a rhinestone-trimmed glove of Michael Jackson ($275 thousand), which the singer wore during the Bad tour.
Two Colombians were also sanctioned, who, according to the British Foreign Ministry, profited by inflating the prices of food and other goods supplied to Venezuela as part of state programs to help the poor. The actions of Alex Nain Saab Moran and Alvaro Enrique Pulido Vargas “brought new suffering to Venezuelans who are already living in poverty,” the Foreign Ministry said in a statement.
The sanctions list also includes the former governor of one of the provinces of Iraq, Nawfal Hammadi al-Sultan (now in an Iraqi prison for large embezzlement and other corruption crimes) and the Zimbabwean businessman Kudakwashe Regimond Tagwirei, accused of embezzlement of public funds.
“The actions that we have taken today are aimed at people who fill their pockets at the expense of fellow citizens. The UK is committed to fighting corruption and bringing to justice those responsible for its destructive impact, ” Foreign Minister Dominic Raab said.
Inclusion in the blacklist means that the assets of sanctioned persons located in the British jurisdiction should be frozen, and they themselves will lose the opportunity to enter the UK.
RBC on YouTube Live broadcasts, videos and recordings of broadcasts on our YouTube channel