Home / News / The luxurious life of Equatorial Guinea’s Presiden’t Son Blowing Millions of Dollars in Paris while Citizens Starve

The luxurious life of Equatorial Guinea’s Presiden’t Son Blowing Millions of Dollars in Paris while Citizens Starve

AFRICA’S BIGGEST PLAYBOY

Inside the champagne-fuelled world of African dictator’s son as he spends millions trying to live like James Bond while his subjects starve

Teodorin Obiang, 47, stands accused of blowing millions in state funds on fast cars and palatial homes

AN African dictator’s son accused of plundering £94million from his country to buy fast cars and palatial homes has boasted about his playboy lifestyle on Instagram.

Teodorin Obiang, 47, is charged with blowing millions in state funds so he could live like James Bond while his citizens in Equatorial Guinea starve.

Teodorin Obiang pictured), the son of an African dictator, boasts about his playboy lifestyle on Instagram

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Teodorin Obiang pictured), the son of an African dictator, boasts about his playboy lifestyle on Instagram
He stands accused of plundering £94million from his country to buy fast cars and palatial homes

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He stands accused of plundering £94million from his country to buy fast cars and palatial homes

His social media accounts give an insight into Obiang’s champagne-fuelled world as he seen posing in private jets, speed boats, the Batmobile and a submarine.

Obiang, who was made vice president of the impoverished African country by his father, is also pictured hunting lions and partying with half-naked women.

He posts under the name Teddy Nguema and regularly shares shots of him riding £44,000 Tron bikes

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He posts under the name Teddy Nguema and regularly shares shots of him riding £44,000 Tron bikes

He posts under the name Teddy Nguema and regularly shares shots of him driving multi-million pound Ferraris and £44,000 Tron bikes.

The playboy’s house on Paris’ exclusive Avenue Foch, which boasts a cinema, spa, hair salon and taps covered in gold leaf, is estimated to be worth around £91million.

He stands accused of siphoning off at least £94million from the state to buy this mansion as well as a collection of Italian supercars.

A French court agreed on Wednesday to adjourn the corruption trial at the request of his defence team.

Obiang has conceded a love of 'toys' – the Batmobile he is pictured driving is rumoured to sell for £547,000

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Obiang has conceded a love of ‘toys’ – the Batmobile he is pictured driving is rumoured to sell for £547,000
The 47-year-old posted this shot of a submarine on his Instagram

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The 47-year-old posted this shot of a submarine on his Instagram

The trial is the first arising out of an unprecedented investigation into the French assets of a trio of African leaders accused of leading a life of luxury abroad while their citizens live in poverty.

Obiang’s defence team had argued that the hearings for the trial, initially scheduled for the next few weeks, gave them too little time to call witnesses and prepare their defence.

The son of President Teodoro Obiang Nguema has attempted to prevent the case coming to court and claims he is innocent.

He flashed his luxury watch while flying in a private jet

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He flashed his luxury watch while flying in a private jet

He says the money came from legitimate sources, not bribes or embezzlement as suspected by prosecutors.

The prosecution and anti-corruption group Transparency International, one of the plaintiffs in the case, called the defence’s request for an adjournment a “delaying” tactic.

Assets belonging to Teodorin Obiang have been seized in several countries.

Source :

TheSun

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