So now international investors are making no pretence of caring about the trouble a badly managed succession process could bring as Obiang prepares for his son Teodoro 'Teodorín' Nguema Obiang Mangue to take over...
Teodorín got rich as Agriculture Minister and another Obiang son Gabriel Mbega Obiang Lima is currently Mines Minister and making his reputation as the man with whom the international oil companies cand do business (see Box As the oil goes the gas arrives)...
Obiang has handed Teodorín some of the keys to the castle...
By naming his son vice-president Obiang would have made Teodorín his official successor...
he named two vice-presidents Teodorín and the former Prime Minister Ignacio Milam Tang...
Teodorín is Vice-President for National Defence and State Security but government press releases named Tang constitutional successor...
As the new head of National Defence and State Security Teodorín is defusing any issue that might have threatened him personally...
Better pay and a vast new barracks are just part of Teodorín's attempts to win over the rank-and-file...
A political insider said: ‘When they complained about Teodorín's new role in the security sector Obiang said “Well he is in charge now in that field”...
' Teodorín says the first thing he will do when he is president is to get rid of the São Toméans...
Constancia Mangue Nsue Okomo another of Obiang's wives is a driving force behind Teodorín's takeover bid...
The only wild card in the succession game are the cases in the USA and France against Teodorín for lavish spending on mansions and cars while earning only about $100 000 a year as Agriculture Minister...
A Paris court issued an international arrest warrant for Teodorín on charges of money-laundering...
Keeping the theme of family rivalries running throughout the government GEPetrol's Managing Director is Candido Nsue Okomo the uncle of Vice-President Teodoro Nguema Obiang Mangue and younger brother of First Lady Constancia Mangue Nsue Okomo...
Vol 6 (AAC) No 9 |
- EQUATORIAL GUINEA
Chinese companies also have a substantial foothold in the timber sector controlled by another presidential son and putative successor Teodoro Nguema Obiang Mangue who was Agriculture Minister until last year...
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Indeed his own son Teodorín Nguema faces trial albeit in absentia under France’s laws which prohibit the purchase of assets with stolen money...
Prosecutors say Teodorín’s purchase of a mansion in Paris’s 16th arrondissement clearly violates the law; they issued a warrant for his arrest in July...
Teodorín’s lawyers claim he has legal immunity since his appointment in May as Second Vice-President and are contesting the seizure of his building worth about150 million euros (US$194 mn...
On 19 October President Teodoro Obiang Nguema Mbasogo nominated his son Teodoro Nguema Obiang Mangue (‘Teodorín’) as his new deputy envoy to the Paris-based United Nations Educational Scientific and Cultural Organisation...
That day the United States filed notice of a claim against Teodorín for over $70 mn...
One of the report’s four case studies shows how Teodoro Nguema Obiang Mangue (Teodorín) the free-spending son of President Obiang Nguema bought a $23 million mansion in Malibu without sanction and was identified when Global Witness a British campaign group raised the issue with the Miami authorities...
At a hearing on 4 February two lawyers for Teodorín and the registered agent for his father took the celebrated Fifth Amendment to the US constitution and refused to answer the Subcommittee’s questions...
Teodoro Nguema Obiang Mangue (‘Teodorín’): From 2004 to 2008 Equatorial Guinea’s Forestry Minister and presidential son used the services of US attorneys real estate and escrow agents and insurance brokers to transfer more than $100 mn...
The escrow company First American Trust helped Teodorín Obiang to purchase a Malibu property without using a mortgage accepting $30 mn...
Rimbunan Hijau managers have developed a cosy relationship with the leadership in Malabo especially with presidential son and Forestry Minister Teodorín Nguema Obiang Mangue who has a reputation for splashing the cash on fast women and fast cars wherever he goes be it South Africa France or the United States...
Rimbunan Hijau managers have developed a cosy relationship with the leadership in Malabo especially with presidential son and Forestry Minister Teodorín Nguema Obiang Mangue who has a reputation for splashing the cash on fast women and fast cars wherever he goes be it South Africa France or the United States...
Disclosures about the business affairs of Teodorin Nguema Obiang eldest son of President Teodoro Obiang Nguema Mbasogo have boosted Malabo oppositionists and embarrassed big oil companies...
Disclosures about the business affairs of Teodorin Nguema Obiang eldest son of President Teodoro Obiang Nguema Mbasogo have boosted Malabo oppositionists and embarrassed big oil companies...
' In court papers in South Africa last month Teodorin Forestry Minister explained the source of a personal fortune that enabled him to buy two mansions in Cape Town a clutch of luxury cars and a $30 million California estate with four-hole golf course...
Oil majors such as ExxonMobil Marathon and Devon Energy may be wondering what Teodorin's admission will cost...
Armengol's main target appears to be the President's wayward son Teodoro Nguema Obiang known as Teodorin...
With his own radio station and his populist attacks on corruption and foreign interference Teodorin regards himself as natural heir to the Presidency...
The crisis shows the failure of Obiang's system of personal rule Although Obiang may privately concede Teodorin's limitations those who believed the President would reshuffle Teodorin out of government this year were disappointed...
Obiang's compromise was to take the wide-ranging and highly lucrative infrastructure portfolio away from Teodorin's ministerial duties but leave him with responsibility for Agriculture and Forestry...
This is more interesting than it looks as it enables Teodorin to get involved with land allocation and some of the expensive if fruitless efforts to regenerate the ailing food and commodity production schemes...
But to Armengol and his allies Gabriel is as unacceptable a successor as Teodorin: they object to Teodorin because of the damage he could do to their own commercial interests and political plans and to Gabriel because he isn't a 'real' Equato-Guinean...
