French Court Finds Equatorial Guinea Vice President Guilty of Embezzlement

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Friday, November 3, 2017
Author: 
Bruce Zagaris
Volume: 
33
Issue: 
11
Abstract: 

On October 27, 2017, a French court found Teodorin Nguema Obiang Mangue, 48, and the second Vice President of Equatorial Guinea, guilty of embezzlement in absentia.  The court gave him a three-year suspended prison sentence, a suspended 30 million euros ($34.78 million) fine, and ordered the confiscation of more than 100 million euros worth of his French assets.