Equatorial Guinea VP fined by Paris court for embezzlement
© WikiMedia (Riggwelter)
Equatorial Guinea VP fined by Paris court for embezzlement

The Paris Court of Appeals fined the Vice President of Equatorial Guinea, Teodorin Obiang, $32.9 million on Monday. Obiang, the son of the long sitting President of the country, was found guilty back in 2017 but his three-year jail sentence and $32.9 million fine were suspended after a long investigation and contentions over what property of his the French government could legally seize.

The court removed the suspension of the Vice President’s fine after he challenged it and upheld a lower court ruling that called for the confiscation of Obiang’s illegally obtained assets. His defense team appealed to the International Court of Justice (ICJ), repeating their claims from 2017 that his residence in Paris is a diplomatic building and immune from seizure. The ICJ will hold a hearing in the Netherlands this week.