UK Imposes Sanctions on Playboy Son of African Dictator Who Spent Fortune on Fleet of Luxury Cars

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The Equatorial Guinea – which was ruled by Spain between 1788 and 1968 – is a tiny oil-rich nation in central Africa. Its first ruler was overthrown by his nephew, Teodoro Obiang Nguema, in 1979 and he has ruled ever since.

Britain’s Foreign Secretary Dominic Raab has imposed sanctions on five foreign dignitaries, including the playboy son of Equatorial Guinea’s president who has amassed a fleet of luxury cars.

Teodoro Obiang Mangue, 53, also famously spent US$275,000 on a jewel-encrusted glove which pop star Michael Jackson wore on his Bad tour in 1988.

Obiang Mangue’s father, 79-year-old Teodoro Obiang Nguema, is Equatorial Guinea’s president and the son is seen as his heir apparent.

​In a statement on their website the Foreign Office said Obiang Mangue was involved in “corrupt contracting arrangements and soliciting bribes, to fund a lavish lifestyle inconsistent with his official salary as a government minister.”

In 2004 a group of mercenaries, led by former British Army officer Simon Mann, were caught in Zimbabwe en route to Equatorial Guinea where they were plotting a coup to oust Obiang Nguema and replace him with Severo Moto, a politician who lives in exile in Madrid.

​Obiang Nguema reportedly bought a US$100 million mansion in Paris, a US$38 million private jet, a yacht and a fleet of Ferraris, Bentleys and Aston Martins.

The four others who face sanctions are Alex Nain Saab Morán and Alvaro Enrique Pulido Vargas…

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