Teodoro Nguema Obiang Mangue

Education

Nguema Obiang studied at l'Ecole des Roches of Normandy, a French private school, he also spent five months at Pepperdine University in Malibu, California. However, according to The Times, Obiang graduated from that university.

Political career and possible succession

Obiang served as Adviser to the Presidency in the 1990s and subsequently as Minister of Agriculture and Forestry, a post he held for about 15 years.

It was reported in 2005 that he was to be made vice president of Equatorial Guinea, which, according to the constitution, would allow him to accede to the presidency upon his father's retirement. He was eventually elevated to the post of Second Vice-President, in charge of defense and security, on 21 May 2012, alongside former Prime Minister Ignacio Milam Tang, who was designated as First Vice-President. After four years as Second Vice-President, he was promoted to the post of First Vice-President, while remaining in charge of defense and security, on 22 June 2016; this move, which followed his father's re-election in the April 2016 presidential election, placed him clearly in line to succeed his father.

Spending and controversies

As Minister of Agriculture and Forestry, Obiang was paid € 3,200 (£ 2,700) a month.

The New York Times reported in 2004 that he was "a rap music entrepreneur and bon vivant, fond of Lamborghinis and long trips to Hollywood and Rio de Janeiro". Superyacht Tatoosh was hired for £400,000 by Obiang for a Christmas cruise when he entertained rap singer Eve.

He drew criticism from the international media for spending close to R10,000,000 over a weekend in South Africa on champagne, property renovations, a black 2004 Bentley Arnage, a cream 2005 Bentley Continental R from MG Rover Cape Town and a 2005 Lamborghini Murcielago, although the properties may soon be forcibly auctioned due to his failure to pay a South African businessman. American law enforcement officials believe that most or perhaps all of his wealth comes from corruption connected to oil and gas reserves in Equatorial Guinea.

Obiang's foreign interests include two houses in South Africa, worth a combined R50,000,000, a $31,000,000 compound in Malibu, California, a 5,000 square feet (460 m²) home on Avenue Foch in the affluent 16th arrondissement of Paris, and the hip hop music record label TNO Entertainment. In 2008 he owned one of the 30 models of the Bugatti Veyron 16.4 sports car (estimated at 1,100,000 €) and a Maserati MC 12 at 700,000 €. He went on to purchase another Bugatti Veyron, and tried to purchase a third. In late 2011, both Veyrons, as well as 9 other cars he owned were seized by French police investigating corruption. In July 2013, the confiscated goods were sold at auction.

Embezzlement charges

In October 2011, seven years after the Senate Permanent Subcommittee on Investigations exposed the Obiang family’s secret accounts at Riggs Bank in Washington and five years after non-profit Global Witness discovered his mansion purchase in Malibu — the US Justice Department went to court to seize $70 million (£44m) of Nguema’s US assets, which include a Gulfstream jet, yachts, cars and Michael Jackson memorabilia.

On 11 June 2012, the Department of Justice (DoJ) filed an amended complaint against Obiang, after a judge requested more evidence of the alleged corruption. The revised complaint states that Obiang spent $315 million on properties and luxury goods between 2004 and 2011. According to the complaint, Obiang, while Minister of Forestry, levied personal "taxes" against local and foreign timber companies for licenses to operate and export timber, such as a $28.80 tax for every log exported, to fund his lavish lifestyle. The prosecutors state that his expenditures "were inconsistent with both his official salary of less than $100,000 per year, and the fraudulent income he purportedly generated from his companies." In October 2014, Obiang reached a settlement with DoJ to forfeit his Malibu mansion, a Ferrari, and portions of his Michael Jackson collection, for a total estimated value of US$34 million. $20 million of the proceeds will go to a charitable institution for the benefit of the people of Equatorial Guinea.

In February 2012, a Parisian mansion belonging to Obiang, worth around € 100 million, was raided by French police and they discovered luxury goods inside worth millions of euros. In July 2012, an arrest warrant was issued for Obiang. The mansion was seized by French authorities in August 2012. He was indicted by the French justice on several counts of corruption and money-laundering with a Paris, 'in absentia' trial beginning in 2017.

In response, Equatorial Guinea filed a case against France in the International Court of Justice accusing France of breaching the diplomatic immunity of its representatives and premises. In the preliminary phase the court found that France must guarantee the protection of the premises presented as housing the diplomatic mission of Equatorial Guinea in France.

In September 2016, the District Attorneys Roger Le Loire and Charlotte Bilger referred him to the Criminal Court of Paris, and issued an arrest warrant through Interpol. This procedure has been validated by the International Court of Justice in December, 2016

On January 19, 2013, Obiang arrested Roberto Berardi, an Italian building contractor who was active for 20 years in Africa. After working in Cameroon he had formed a construction company with the son of President Teodoro Obiang, but after discovering some strange operations on the current account he had asked for an explanation. A few hours after the Italian contractor had been arrested on charges of fraud and embezzlement, he was sentenced to pay 1.2 million euros and thrown in jail. No charges were brought from Italy against Obiang. Berardi was released on July 14, 2015 after more than two years of detention, including 18 months in solitary confinement.

Frequent landings in Geneva

On 18 October 2016, Swiss prosecutors opened an investigation on Teodorin Obiang after 8 landings in Geneva. French authorities had asked them before for Judicial assistance.