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Word: obiang (lookup in dictionary) (lookup stats)
Dates: during 2010-2019
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Usage:

...report says that Teodoro Nguema Obiang Mangue, the son of Equatorial Guinea's president, relied on American lawyers, bankers and real estate agents to bring a total of $110 million in suspected dirty money into the U.S. via a complex system of shell accounts. The report also described how Omar Bongo, who ruled Gabon for nearly 42 years until his death last June, transferred $18 million into a U.S. account with the help of an American lobbyist. Similarly, the ex-wife of former Nigerian Vice President Atiku Abubakar is alleged to have helped shift $40 million into U.S. banks...

Author: /time Magazine | Title: How U.S. Legal Loopholes Are Aiding Money Launderers | 2/15/2010 | See Source »

...vast majority of tainted money transfers is the self-enrichment of corrupt officials who've pilfered public funds, not terrorism. And that's clear outside the U.S., as well. In France, Transparency International has brought a case against three African leaders - Congo's Denis Sassou Nguesso, Equatorial Guinea's Obiang and Bongo's estate in Gabon - claiming they allegedly used public funds to purchase around $200 million in French properties for themselves. A group of Cameroonian nationals based in France has also lodged a lawsuit in Paris accusing Cameroon President Paul Biya of buying French homes worth hundreds of millions...

Author: /time Magazine | Title: How U.S. Legal Loopholes Are Aiding Money Launderers | 2/15/2010 | See Source »

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