E.Guinea Leader's Son To Appeal Suspended Jail Term
Sumaira FH Published November 04, 2017 | 01:00 PM
The son of Equatorial Guinea's leader, Teodorin Obiang, who was given a three-year suspended prison sentence in France for using public money to fund a jet-set lifestyle, will appeal the landmark ruling, his lawyer said
Paris, (APP - UrduPoint / Pakistan Point News - 04th Nov, 2017 ) :The son of Equatorial Guinea's leader, Teodorin Obiang, who was given a three-year suspended prison sentence in France for using public money to fund a jet-set lifestyle, will appeal the landmark ruling, his lawyer said.
The 48-year-old vice president of the small west African state, tried in absentia, was also given a suspended fine of 30 million Euros (35 million Dollars) by judges for money laundering, corruption and abuse of trust in last week's verdict.
The case, which was sparked by two anti-corruption NGOs, is the first of three involving families of African leaders, which campaigners hope signals a new willingness of French authorities to tackle money laundering.
Obiang's lawyer Emmanuel Marsigny announced the decision to appeal the verdict. Paris has long been a favoured destination for the ill-gotten gains of wealthy figures linked to political leaders in Africa, particularly in France's former colonies.
Obiang is estimated to have used France to launder 150 million euros in misappropriated funds. During his three-week trial in June and July, the court heard about the fortune and playboy Parisian lifestyle of Obiang, who is the son of Equatorial Guinea's president of 38 years, Teodoro Obiang Nguema.
He was accused of spending more than 1,000 times his official annual salary on a six-storey mansion in a posh part of the French capital, a fleet of fast cars and artworks, among other assets. The Paris court ruled that his 107-million-euro mansion near the Champs-Elysees avenue -- which boasts a hammam, a disco and gold-plated taps -- should be confiscated, along with other assets.
Related Topics
Recent Stories
PM Shehbaz asked to extend hand to Imran Khan, India
BISE Hyderabad to announce HSC-Il result exams on April 25
ARI calls for comprehensive measures to curb tobacco use
Sana named ICC Women’s T20 World Cup Qualifier ambassador
DWE extends training to 300,000 workers of 350 industries in twin city
Stone Lifter Martin Licis showcases skills at Haripur cultural sports competitio ..
WASA disconnects 144 connections of defaulters
Govt committed to double exports' volume in 5 years: PM
Dacoit killed during conflict with locals
Vietnam hails Gandhara Corridor project for cultural tourism promotion
Price Control Magistrates conduct crackdown against price hike
14 stolen bikes recovered, gang leader arrested
More Stories From World
-
N. Macedonia starts elections that could decide stalled EU talks
33 minutes ago -
Haaland ruled out of Man City's crucial trip to Brighton
33 minutes ago -
Four dead as floods wreak havoc in Kenyan capital
33 minutes ago -
Thousands in heatwave-hit Bangladesh pray for rain
1 hour ago -
EU urges probe into reported mass graves at Gaza hospitals
1 hour ago -
Gucci owner Kering's shares sink after profit warning
1 hour ago
-
Extreme heat scorches Southeast Asia, bringing school closures and warnings
1 hour ago -
Ambassador Hashmi greets China on Space Day
2 hours ago -
Mass cancellations loom despite French air union calling off strike
2 hours ago -
Record-breaking London stocks spearhead global rally
2 hours ago -
'City Hunter' manga hero drops the sexism for new live-action film
2 hours ago -
Russian deputy defence minister held over bribery accusations
2 hours ago