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Equatorial Guinea

Yearbook 2012

Equatorial Guinea. At a reorganization in May, the country's authoritarian president Teodoro Obiang Nguema appointed his son, Theodorin, as one of two vice presidents and thus possible future successors. The president's son would be responsible for defense and security issues. The second vice-presidential post went to Ignacio Milam Tang, who has been prime minister since 2008. The vice-presidential posts were introduced after a disputed referendum in November 2011 that the opposition boycotted.

2012 Equatorial Guinea

In France, an investigation into how the presidential family, which ruled the oil-rich Equatorial Guinea for over 30 years, continued to obtain luxury housing and expensive cars. A property in central Paris was seized and an arrest warrant was issued against President Teodorin Obiang on suspicion of widespread corruption. The non-profit organization Transparency International, which combats corruption, has pushed on.

According to countryaah, Equatorial Guinea requested that the International Court of Justice in The Hague revoke the French arrest warrant, claiming that the property was a diplomatic residence and would be returned. A similar process was underway in the United States, where Teodorin Obiang went to court to stop plans to seize assets worth more than $ 70 million, including a jet plane and real estate. US authorities suspect his fortune was based on misappropriation of state funds.

Questions have also been raised about how Teodorin Obiang was able to pay a million bonus to players in Equatorial Guinea's team, who won the premiere match in the African Football Championships, which the country organized together with Gabon. A summit between the EU and ACP states, some 80 countries in Africa, the Caribbean and the Pacific region, which has trade and aid agreements with the EU, was planned in December in the capital Malabo.

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