$26.6 Million In Allegedly Illicit Proceeds to Be Used To Fight COVID-19 and Address Medical Needs in Equatorial Guinea
In the civil forfeiture matter United States v. One Michael Jackson Signed Thriller Jacket, No. As provided in the agreement, $10.3 million of these settlement funds were to be forfeited to the United States and the remaining settlement funds would be distributed to a charity or other organization for the benefit of the people of Equatorial Guinea. The Department of Justice has committed to returning the forfeited funds for the benefit of the people of Equatorial Guinea. “Wherever possible, Kleptocrats will not be allowed to retain the benefits of corruption,” said Assistant Attorney General Kenneth A. In addition, MCDI, a charitable organization in Silver Spring, Maryland, with an established track record of administering programs in Equatorial Guinea, will receive $6.35 million to manage the purchase, storage, distribution and delivery of additional medicines and medical supplies throughout Equatorial Guinea.justice.gov
Equatorial Guinea declares 3 days of mourning for 105 dead
This handout satellite photo provided by Maxar Technologies shows a military garrison after an explosion, in Bata, Equatorial Guinea, Tuesday, March 9, 2021. AdThe government held an emergency meeting to see how victims can quickly get aid from Equatorial Guinea before international assistance arrives. Equatorial Guinea, an oil-rich Spanish-speaking West African country of 1.3 million people located south of Cameroon, was a colony of Spain until it gained its independence in 1968. AdThe images show the military base at Bata had been undergoing construction at its southeast corner prior to the explosion. “I am very saddened by the humanitarian tragedy unfolding in Equatorial Guinea following the massive explosion at a military compound,” she said.
Supercars seized from politician auctioned in Switzerland
25 vehicles that once belonged to Teodoro Nguema Obiang Mangue, the son of Equatorial Guinea's longtime leader, were sold at auction. GENEVA - A collection of luxury supercars seized from the extravagant vice president of Equatorial Guinea as part of a corruption probe were auctioned in Switzerland on Sunday. The sale -- organized by London-based auction house Bonhams -- saw 25 vehicles sold that once belonged to Teodoro Nguema Obiang Mangue, the son of the central African nation's longtime leader. Swiss authorities confiscated the luxury stash of vehicles from Obiang in 2016 after an investigation into money laundering. His father, Equatorial Guinea President Teodoro Obiang Nguema Mbasogo, who seized power in a 1979 coup, is the longest-serving head of state on the continent.
Collection of supercars to be auctioned off
A collection of ultra-expensive supercars worth $13 million, seized from the extravagant vice president of Equatorial Guinea as part of a corruption probe, will be auctioned in Switzerland later this year. LONDON - A collection of ultra-expensive supercars worth $13 million, seized from the extravagant vice president of Equatorial Guinea as part of a corruption probe, will be auctioned in Switzerland later this year. Also in the collection are a McLaren P1, an Aston Martin One-77 and a Bugatti Veyron. And last year, Brazilian authorities seized more than $16 million in cash and luxury watches from a delegation traveling with Obiang, according to local media reports. His father, President of Equatorial Guinea Teodoro Obiang Nguema Mbasogo, seized power in a 1979 coup and is the longest-serving head of state on the continent.