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Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / UK Sanctions Teodoro Obiang, Equatorial Guinea's VP, 4 Others Over Corruption (24097 Views)
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UK Sanctions Teodoro Obiang, Equatorial Guinea's VP, 4 Others Over Corruption by HonNL: 7:35pm On Jul 22, 2021 |
The sanctions target cases of serious corruption which have deprived developing countries of vital resources Foreign Secretary Dominic Raab has today announced further sanctions on individuals under the UK’s Global Anti-Corruption sanctions regime. This second set of Global Anti-Corruption sanctions targets corrupt individuals who have lined their own pockets through misappropriation, with their greed causing untold damage to the countries and communities they exploit. The first set of UK sanctions under the global anti-corruption sanctions regime came in April, when 22 individuals allegedly involved in serious corruption cases in Russia, South Africa, South Sudan and Latin America were targeted. The UK will impose asset freezes and travel bans against these individuals to ensure they will no longer be able to channel their money through UK banks or enter the country. The new sanctions announced today target five individuals involved in serious corruption in Equatorial Guinea, Zimbabwe, Venezuela and Iraq. The individuals designated today are: Teodoro Obiang Mangue, Vice President of Equatorial Guinea, and son of the current President, for his involvement in the misappropriation of state funds into his own personal bank accounts, corrupt contracting arrangements and soliciting bribes, to fund a lavish lifestyle inconsistent with his official salary as a Government Minister. https://www.nairaland.com/5256497/swiss-auction-hypercars-seized-teodoro#79522232 His father has been President since 1979 through a bloody coup d'etat, and appointed Obiang as First Vice President in 2016. Michael Jackson's "Bad" tour glove 7 Likes 3 Shares
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Re: UK Sanctions Teodoro Obiang, Equatorial Guinea's VP, 4 Others Over Corruption by Nbotee(m): 8:03pm On Jul 22, 2021 |
Africa is cursed with human resources but blessed with natural resources 157 Likes 9 Shares |
Re: UK Sanctions Teodoro Obiang, Equatorial Guinea's VP, 4 Others Over Corruption by HonNL: 8:09pm On Jul 22, 2021 |
Foreign Secretary Dominic Raab said: The action we have taken today targets individuals who have lined their own pockets at the expense of their citizens. The UK is committed to fighting the blight of corruption and holding those responsible for its corrosive effect to account. Corruption drains the wealth of poorer nations, keeps their people trapped in poverty and poisons the well of democracy. These measures follow the first tranche of UK sanctions under the Global Anti-Corruption sanctions regime in April, which targeted 22 individuals involved in serious corruption cases in Russia, South Africa, South Sudan and Latin America. Over 2% of global GDP is lost to corruption every single year. Today’s action demonstrates the UK’s ongoing commitment to the fight against corruption. Since the Foreign Secretary launched the Global Anti-Corruption sanctions regime in April, in total the UK has now sanctioned 27 individuals around the world involved in serious corruption. Background: The financial restrictions will also apply to any entities owned or controlled by the persons designated today. OTHERS ARE:- Kudakwashe Regimond Tagwirei for profiting from misappropriation of property when his company, Sakunda Holdings, redeemed Government of Zimbabwe Treasury Bills at up to ten times their official value. His actions accelerated the deflation of Zimbabwe’s currency, increasing the price of essentials, such as food, for Zimbabwean citizens. Alex Nain Saab Morán and Alvaro Enrique Pulido Vargas engaged in serious corruption in Venezuela through their participation in two of Venezuela’s public programmes: the ‘Local Committees for Supply and Production’ (CLAP) and the Great Housing Scheme (GMV). In each case, contracts were improperly granted for the benefit of an official and/or for another person including Saab and Pulido themselves. In the CLAP programme, basic foodstuffs were provided at highly inflated prices. For GMV, Global Construction Fund only delivered a small proportion of the products they had agreed to deliver, misappropriating the remainder of the funds Nawfal Hammadi Al-Sultan has been involved in serious corruption in his role as Governor of Nineveh province, Iraq, where he misappropriated public funds intended for reconstruction efforts and to provide support for civilians, and improperly awarded contracts and other state property. Al-Sultan is currently serving a combined five-year prison sentence in Iraq for corruption offences, including wasting five billion Iraqi dinars (approximately £2.5 million) through fictitious public works. UK Foreign Secretary & First Secretary of State, Dominic Raab 2 Likes
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Re: UK Sanctions Teodoro Obiang, Equatorial Guinea's VP, 4 Others Over Corruption by GreaterFuture(m): 8:12pm On Jul 22, 2021 |
That VP guy should be studied, he is crazily of the chains since I've known about him, and doesn't seem to ever want to Stop. Really, really hard to understand Cut Metal Scraps available for Sale. Up to 5000MTs. If interested, use Siggy below to contact me Location is PH, Serious buyers Only 3 Likes 1 Share |
Re: UK Sanctions Teodoro Obiang, Equatorial Guinea's VP, 4 Others Over Corruption by Nuelito: 8:12pm On Jul 22, 2021 |
They should try and look into Nigeria Matter... Corruption thrives more in dx side of the lithosphere 55 Likes 2 Shares |
Re: UK Sanctions Teodoro Obiang, Equatorial Guinea's VP, 4 Others Over Corruption by Sonnobax15(m): 8:12pm On Jul 22, 2021 |
Na for small african countries body nai U.K tay dey form champion....If to say the likes of Tinubu and his co-criminals na from small african countries,U.k for don use dem practice new style of smack down... 70 Likes 3 Shares
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Re: UK Sanctions Teodoro Obiang, Equatorial Guinea's VP, 4 Others Over Corruption by CruiseMaster1: 8:12pm On Jul 22, 2021 |
African leaders putting their citizen to shame simmce 1900 I Sell Unisex Turtleneck For Adult n Kids Payment On Delivery Within Lagos Nationwide Delivery Click On My Moniker/Name For Samples n Contact 3 Likes 1 Share |
Re: UK Sanctions Teodoro Obiang, Equatorial Guinea's VP, 4 Others Over Corruption by Daniel058(m): 8:12pm On Jul 22, 2021 |
Father; President Son ; Vice President Ha! I don't think that Will be possible in Nigeria . 22 Likes |
Re: UK Sanctions Teodoro Obiang, Equatorial Guinea's VP, 4 Others Over Corruption by Nobody: 8:12pm On Jul 22, 2021 |
hmmm it alright nah |
Re: UK Sanctions Teodoro Obiang, Equatorial Guinea's VP, 4 Others Over Corruption by Darreytinho10(m): 8:12pm On Jul 22, 2021 |
Nbotee: |
Re: UK Sanctions Teodoro Obiang, Equatorial Guinea's VP, 4 Others Over Corruption by Goldenheart(m): 8:12pm On Jul 22, 2021 |
Who go sanction our own corrupt government.... They answer to no one that's why Nigeria no fit better for a while 1 Like 1 Share |
Re: UK Sanctions Teodoro Obiang, Equatorial Guinea's VP, 4 Others Over Corruption by daddytime(m): 8:12pm On Jul 22, 2021 |
Negroes... We are all one and the same. 3 Likes 1 Share |
Re: UK Sanctions Teodoro Obiang, Equatorial Guinea's VP, 4 Others Over Corruption by All4fun: 8:12pm On Jul 22, 2021 |
The UK will impose asset freezes and travel bans against these individuals to ensure they will no longer be able to channel their money through UK banks or enter the country. Sir with all due respect what about buhari won't you sanction him also? 20 Likes 1 Share |
Re: UK Sanctions Teodoro Obiang, Equatorial Guinea's VP, 4 Others Over Corruption by enyen(m): 8:13pm On Jul 22, 2021 |
Re: UK Sanctions Teodoro Obiang, Equatorial Guinea's VP, 4 Others Over Corruption by Mayng01(m): 8:13pm On Jul 22, 2021 |
Good one. Forget Nigeria not 3 Likes |
Re: UK Sanctions Teodoro Obiang, Equatorial Guinea's VP, 4 Others Over Corruption by tiswell(m): 8:13pm On Jul 22, 2021 |
Waiting for UK on MNK Naija sanction loading 3 Likes |
Re: UK Sanctions Teodoro Obiang, Equatorial Guinea's VP, 4 Others Over Corruption by Spuggie: 8:13pm On Jul 22, 2021 |
Amazing stuff 1 Like |
Re: UK Sanctions Teodoro Obiang, Equatorial Guinea's VP, 4 Others Over Corruption by BigBashiru: 8:14pm On Jul 22, 2021 |
HonNL: UK is the most corrupt so they should go and sit down. evil 2 faced people. 8 Likes 1 Share |
Re: UK Sanctions Teodoro Obiang, Equatorial Guinea's VP, 4 Others Over Corruption by englishmart(m): 8:15pm On Jul 22, 2021 |
They are scared of Nigeria. They know what 1 Like |
Re: UK Sanctions Teodoro Obiang, Equatorial Guinea's VP, 4 Others Over Corruption by tobstarizhia(m): 8:15pm On Jul 22, 2021 |
Well, about fucking time. |
Re: UK Sanctions Teodoro Obiang, Equatorial Guinea's VP, 4 Others Over Corruption by pepetua(m): 8:15pm On Jul 22, 2021 |
Corruption that surpasses Nigerian own, is like the international community de fear NIJA. |
Re: UK Sanctions Teodoro Obiang, Equatorial Guinea's VP, 4 Others Over Corruption by Judolisco(m): 8:15pm On Jul 22, 2021 |
The entire Africa needs to be recolonized with the exception of some countries like Rwanda, Egypt, Morocco, Tunisia, Algeria, Cape Verde and maybe Ethiopia.. Make dem come recolonized us abeg.. It's getting worse every single day... Our president will soon go and sit down in London now after stressing himself walking down from d mosque to his house in daura.. His wife Don turn dubai to her second home... 20 Likes
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Re: UK Sanctions Teodoro Obiang, Equatorial Guinea's VP, 4 Others Over Corruption by nextBIGthing: 8:15pm On Jul 22, 2021 |
Apc government nko ? 1 Like |
Re: UK Sanctions Teodoro Obiang, Equatorial Guinea's VP, 4 Others Over Corruption by keentola(m): 8:16pm On Jul 22, 2021 |
If you're looking for ways to update your library with good books, you can contact me. Notable books I have in my library: Soldiers of Fortune by Max Siollun All Chimamanda's books Ben Okri's books Dan Brown's Munroe, Osteen, Benny Hinn and other Christian authors. Books on civil war. Books on self-development. Books on Politics and Philosophy. Autobiographies and Biographies. Rare Books programming Books |
Re: UK Sanctions Teodoro Obiang, Equatorial Guinea's VP, 4 Others Over Corruption by Dikegodspower(m): 8:17pm On Jul 22, 2021 |
Uk is not sincere with this their corruption stuff. Untill the place this one's junketing and living a luxurious life with Nigerians collective Patrimony, that's when we will start taking them serious, 5 Likes |
Re: UK Sanctions Teodoro Obiang, Equatorial Guinea's VP, 4 Others Over Corruption by sigiyaya112: 8:17pm On Jul 22, 2021 |
500 million since 1998 this one na chicken change for the likes of Rotomi Amechi, Godwill Akpabio, Ahmed Tinubu and Umar Ganduje etc.... 8 Likes |
Re: UK Sanctions Teodoro Obiang, Equatorial Guinea's VP, 4 Others Over Corruption by MANNABBQGRILLS: 8:18pm On Jul 22, 2021 |
Very Good development. When will they sanctioned all the corrupt elements that looted our country back to 100 years. They should start with the frog eyed their hiding in their country since 2015. UK please do that for us NOW!! 3 Likes 4 Shares |
Re: UK Sanctions Teodoro Obiang, Equatorial Guinea's VP, 4 Others Over Corruption by ozoebuka1(m): 8:18pm On Jul 22, 2021 |
They should visit Nigeria and sanction them but no, Uk is part of the corruption in Nigeria here |
Re: UK Sanctions Teodoro Obiang, Equatorial Guinea's VP, 4 Others Over Corruption by Negxyconcept(m): 8:18pm On Jul 22, 2021 |
All4fun:t not exactly |
Re: UK Sanctions Teodoro Obiang, Equatorial Guinea's VP, 4 Others Over Corruption by oludavis123: 8:19pm On Jul 22, 2021 |
Africa is cursed with bad leaders |
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