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Home Politico

Nguema Obiang Mangue: From Allegations of Corruption to Lavish Lifestyle

Nyongesa Sande by Nyongesa Sande
12 months ago
in Politico
Reading Time: 2 mins read
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Nguema Obiang Mangue, currently serving as the vice president of Equatorial Guinea under his father, President Obiang Nguema Mbasogo, is no stranger to controversy. Known for his extravagant lifestyle, he has faced numerous international accusations of embezzlement and corruption, which have led to sanctions preventing him from traveling to Western countries.

The Nguema family has been accused of embezzling public funds and hiding them abroad, a testament to their audacity and apparent lack of shame. In 2004, their secret accounts at Riggs Bank in Washington were exposed by the United States Senate Homeland Security Permanent Subcommittee on Investigations. Subsequently, Global Witness, a non-profit organization, uncovered Nguema’s opulent mansion in Malibu.

Legal actions followed internationally. The US Justice Department moved to seize $70 million worth of Nguema’s assets in 2011, which included a Gulfstream jet, yachts, cars, and even Michael Jackson memorabilia. French authorities raided another lavish mansion belonging to him in Paris in February 2012, discovering luxury goods worth millions of euros hidden inside. A few months later, an arrest warrant was issued against him.

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The United Kingdom joined in, imposing sanctions on Nguema in July 2021 due to his extravagant spending habits on mansions, private jets, and other luxuries. In response, Equatorial Guinea closed its embassy in London, showing defiance against these measures.

Despite Western sanctions restricting his movements, Nguema was recently seen enjoying his time in Kenya, a reminder of the enduring allure of Africa for those whose wealth remains under international scrutiny.

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Nyongesa Sande

Nyongesa Sande

Nyongesa Sande is a Kenyan entrepreneur, politician, blogger, YouTuber, Pan-Africanist, and co-founder of Bizmart Holdings LLC. He has a strong background in information technology, online marketing, and digital strategy. Sande is known for his expertise in software development, content creation, and e-commerce innovation. In addition to his work in media and business, he is also an active political activist and columnist with interests in governance, corporate ethics, human rights, and community development. His leadership at Bizmart Holdings focuses on leveraging technology to drive growth, empower communities, and expand Africa's presence in the global digital economy.

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