US could face chill by seizing Equatorial Guinea assets

posted by
October 27, 2011
Chicago Sun-Times    
Posted in News

"Relations between Washington and oil-rich Equatorial Guinea may cool now that U.S. authorities say they intend to seize property in California allegedly bought with money looted by the heir-apparent to Africa’s longest-serving dictator. In the strongest signal yet sent to corrupt leaders, the United States said it would seize a luxury mansion, jet and sports cars belonging to President Teodoro Obiang Nguema’s favorite son. U.S. authorities charge he bought them with $70 million looted from a country where thousands have no access to electricity or clean water." (10/27/11)  

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