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Sunday, December 20, 2015
Teodorin Obiang, son of Equatorial Guinea’s long time ruler Teodoro Obiang and second vice president of the nation, saw his request for French officials to drop a formal investigation into money laundering rejected by the court.
The younger Obiang had appealed for charges against him to be dropped on grounds of diplomatic immunity, however the court said the charges related “exclusively to his private life in France” and not to his official functions.
He has denied wrongdoing and has said his wealth, which has allowed him to buy luxury real estate in Paris, a private jet and a stable of exotic sports cars, was amassed legitimately through successful business dealings. He is also under investigation in the US.
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