UK Sanctions E/Guinea President’s Son Who Bought Michael Jackson’s Glove For $275K!

Oyinlola Awonuga
Writer
UK Sanctions E/Guinea President's Son Who Bought Michael Jackson's Glove For $275K!

Ad

2027: INEC Boss, Yakubu Warns, Says APC, PDP, LP, Others, violating electoral laws with early campaigns

By Abiola Olawale The Chairman of the Independent National Electoral Commission (INEC), Professor Mahmood Yakubu, has sounded a warning to Nigeria's political parties, declaring that early political campaigns by aspirants and parties pose a severe threat to the nation's fragile democratic framework. Speaking at a high-level stakeholders' roundtable on the challenges of early political campaigns,…

MDBs set to scale up $137bn climate finance push at COP30 in Brazil

By Obinna Uballa Multilateral development banks (MDBs) are preparing to expand climate financing commitments at COP30 in Belém, Brazil, building on a record $137 billion deployed in 2024, according to the Joint Report on Multilateral Development Banks’ Climate Finance made available to New Diplomat on Wednesday. The report, coordinated by the European Investment Bank (EIB)…

Concerns as Qatar Tightens Visa Rules, Bars Nigerian Men from Solo Travel

By Abiola Olawale The Qatari government has announced its decision to bar Nigerian men from travelling solo to the country. The Qatari Ministry of Interior said the new visa regulations for Nigerian men travellers came after recent cases of overstays. Under the new policy, Nigerian men must show intent to travel with their wives, sisters,…

Ad

The UK government has sanctioned Teodoro Obiang Mangue, son of Equatorial Guinea long serving president, after he bought a glove worn by Michael Jackson at $275,000 (about N113M).

Mangue, who is also second vice president of Equatorial Guinea, had participated in “corrupt contracting arrangements and soliciting bribes, to fund a lavish lifestyle inconsistent with his official salary as a government minister”, a statement by the UK said on Thursday.

The UK announced that Mangue has been sanctioned for his excesses and for misappropriating millions of dollars which London said was spent on luxury mansions and private jets.

Making the announcement, the Foreign Secretary Dominic Raab announced the sanctions against Obiang and four other individuals involved in “serious corruption” in Zimbabwe, Venezuela, Iraq and Equatorial Guinea.

The foreign ministry said he also bought “a collection of Michael Jackson memorabilia including a $275,000 crystal-covered glove that Jackson wore on his “Bad” tour.

France had seized many assets of Teodoro Obiang Mangue two years ago.

His father President Teodoro Obiang Nguema Mbasogo has ruled Equatorial Guinea since taking power in a coup in 1979, eleven years after independence from Spain.

The country grew rich in the past few decades due to the exploitation of its oil reserves, but more than 76% of the population live in poverty, according to the World Bank.

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp