The 50-year-old, appointed by his father three years ago, has already has property impounded by the  Swiss and Brazilian governments.

ends intro

The Appeal Court in Paris upheld an earlier ruling by a lower court seizing property, luxury cars, fashion and jewellery bought with money embezzeled from Equatorial Guinea by the deputy president.

It furthermore fined Teodorin Obiang 30-million euros for using public money to fund his lavish lifestyle.

Switzerland will auction  11 luxury cars taken from him and Brazilian authorities have confiscated $15-million worth of his luxury watches.

Equatorial Guinea has deployed what it calls French meddling in their affairs.

Obiang was not in court for the ruling 

The post French court upholds seizure of goods bought with embezzled Equatorial Guinean funds appeared first on Jean-Jacques Cornish.

Teodorin Obiang, who’s the son of his country’s president is accused of plundering $115m.

Teodorin Obiang owns luxury properties, yachts, cars – and Michael Jackson’s crystal glove

He’s luxuriated in spectacular mansions in Malibu and Paris, traveled in expensive sports cars, yachts and a private jet, amassed a multi-million-dollar art collection and once went on a reported $80 000 shopping spree at Gucci.

Increasingly, justice seems to be catching up to the, 47-year-old son jet setter not in his impoverished homeland, but in the western nations where he flaunts his allegedly ill-gotten gains.

Obiang’s not expected to be present and he reportedly will plead not guilty to charges of corruption, money laundering and embezzlement of public funds.

The trial is groundbreaking in France, a favorite haunt for African leaders with questionable fortunes.

The post Equatorial Guinea vice president on trial for corruption in France appeared first on Jean-Jacques Cornish.