U.S. Department of Justice and Obiang Settle Forfeiture Case with U.S. Gaining More than $30 Million

On October 10, 2014, the U.S. Department of Justice and Teodoro Nguema Obiang Mangue, the vice president of Equatorial Guinea and son of the country’s longtime president, reached a settlement of the forfeiture case which was filed with the U.S. District Court for the Central District of California.