Skip to content
August 18, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • International News
  • UK Sanctions Equatorial Guinea Leader’s Son for misappropriating millions of dollars
  • International News

UK Sanctions Equatorial Guinea Leader’s Son for misappropriating millions of dollars

Admin July 22, 2021
countries expand

UN

July 22, 2021

Britain on Thursday sanctioned the son of Equatorial Guinea’s president for misappropriating millions of dollars which London said was spent on luxury mansions, private jets and a $275,000 glove that Michael Jackson wore during the “Bad” tour.

Foreign Secretary Dominic Raab announced new sanctions against Teodoro Obiang Mangue, vice president of Equatorial Guinea, for his misappropriation of state funds.

Britain said Obiang had participated in “corrupt contracting arrangements and soliciting bribes, to fund a lavish lifestyle inconsistent with his official salary as a government minister”.

Britain said he had bought a $100 million mansion in Paris, a $38 million private jet, a luxury yacht, dozens of luxury vehicles including Ferraris, Bentleys and Aston Martins.

Britain’s foreign ministry said he also bought “a collection of Michael Jackson memorabilia including a $275,000 crystal-covered glove that Jackson wore on his ‘Bad’ tour”.

Britain sanctioned four other people – Kudakwashe Regimond Tagwirei from Zimbabwe, Alex Nain Saab Morán and Alvaro Enrique Pulido Vargas from Venezuela and Nawfal Hammadi Al-Sultan from Iraq.

REUTERS

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Dominic Raab Michael Jackson Nawfal Hammadi Al-Sultan Teodoro Obiang Mangue

Post navigation

Previous Cholera Outbreak kills at least 33 persons in Yobe, Jigawa
Next Africa demands local production of COVID vaccines

Related Stories

Charity boat rescues 50 migrants off Libya, seven found dead federal government
  • International News

Charity boat rescues 50 migrants off Libya, seven found dead

August 17, 2026
32m West Africans risk displacement, $294bn needed to tackle climate crisis — ECOWAS regional heads
  • International News

32m West Africans risk displacement, $294bn needed to tackle climate crisis — ECOWAS

August 12, 2026
Global 2026 oil supply shortfall to deepen as Hormuz reopening remains elusive – IEA says IEA
  • International News

Global 2026 oil supply shortfall to deepen as Hormuz reopening remains elusive – IEA says

August 12, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

How the Lifting of U.S. Maritime Restrictions Re-energises Nigeria’s Blue Economy After 12 Years
  • Business & Economy

How the Lifting of U.S. Maritime Restrictions Re-energises Nigeria’s Blue Economy After 12 Years

August 18, 2026
Landmark $1B Underwriting Deal Paves Way for Record-Breaking Dangote Refinery IPO refinery
  • Breaking News
  • National News

Landmark $1B Underwriting Deal Paves Way for Record-Breaking Dangote Refinery IPO

August 18, 2026
Chased down and Captured: How NDLEA dismantled cocaine syndicate, arrests popular Lagos socialite
  • National News

Chased down and Captured: How NDLEA dismantled cocaine syndicate, arrests popular Lagos socialite

August 18, 2026
IBB, Disu, Osoba, others in Lagos for Vanguard book launch, alumni reunion
  • National News

IBB, Disu, Osoba, others in Lagos for Vanguard book launch, alumni reunion

August 18, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.