Posts Tagged ‘Equatorial Guinea’

About as bad as it gets

A $380 million yacht for a dictator’s son?

Equally eye-popping was Obiang’s justification of his and political elites’ wealth:

In a sworn affidavit to a South African court … He stated that public officials in his country are allowed to partner with foreign companies bidding for government contracts and said this means “a Cabinet minister ends up with a sizeable part of the contract price in his bank account.”

Presumably this blog post will be classified amongst the growing legion of “gossip, lies and miserable manoeuvres” about Equatorial Guinea. Miserable it certainly is!

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