Thursday, 27 October 2011

US Government pressures African dictator's son to surrender his Luxuries

2011 Ferrari 599 GTO

The U.S. government may soon own one of Michael Jackson's white gloves, a $530,000 Ferrari and a $30 million Malibu estate if it succeeds in seizing them from the son of a corrupt African dictator.

In a case kept hidden from public view until last week, the U.S. Department of Justice says it's pursuing more than $32 million in assets from Teodoro Nguema Obiang Mangue, whose father Teodoro Obiang Nguema Mbasogo has ruled over oil-rich Equatorial Guinea for 32 years -- and has been accused by authorities around the world of illicitly siphoning hundreds of millions of dollars for himself and his family.
















While the U.S. Department of Justice has said a probe into Obiang had been ongoing since 2004, the first signs of legal trouble for Obiang came from France, where authorities seized 11 of his cars last month, including the $2 million Maserati MC-12. While the Justice Department had sought seven cars from Obiang in California, its latest request mentions only one -- a 2011 Ferrari 599 GTO. [Yahoo]




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