French prosecutor wants son of Equatorial Guinea’s president jailed
Paris — On Wednesday, a French public prosecutor asked a court to sentence the son of Equatorial Guinea’s president to three years in jail on charges of using money plundered from his country to buy Parisian luxury properties and exotic cars. The public prosecutor also said Teodorin Obiang should pay a €30m fine and have all his assets in France confiscated. The eldest son of President Teodoro Obiang and a vice-president himself, he denies charges of laundering embezzled public funds and is being tried in absentia. The court’s ruling will come at a later date. The case is the first of several to reach court in a broader judicial investigation into allegations of illicit acquisitions in France by long-time leaders and family relatives in several African countries including Gabon and Congo Republic. Among the acquisitions at the centre of the trial is a large property bought for €25m ($28.31m) in 2005 on Paris’s upmarket Avenue Foch, with gymnasium, steam room, hair-dressing studio an...
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