France Slams €30m Fine On E/Guinean President’s Son
February 10, 2020
11:51 pm
The playboy son of Equatorial Guinea’s leader was handed a 30-million-euro fine by a Paris court Monday on top of a suspended jail term and the confiscation of his assets for embezzling public funds.
Teodorin Obiang, the son of Equatorial Guinea’s leader Teodoro Obiang Nguema, was found guilty in 2017 of having plundered his country’s state coffers to fund a jet-set lifestyle in Europe.
At the time, he was handed a three-year jail term as well as the 30-million-euro ($32.9 million) fine — both suspended.
Obiang, who is also vice president, challenged that penalty only to have the Paris appeals …
