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Vice President who is also the Son of President Teodoro Obiang of Equatorial Guinea arrested in Brazil with $50 million in private jet Updated for 2021

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Simon Ateba
By Simon Ateba
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Updated: March 3, 2021

Obiang Mangue Teodoro Nguema, the Vice President and son of President Teodoro Obiang of Equatorial Guinea, has been arrested in Brazil with $50 million hidden in his private jet.

Local media said after he was arrested and his plane searched, at least $50 million was recovered.

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Equatorial Guinea is an impoverished African country but President Obiang and his son and family members live a life of royalties. 

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Simon Ateba
Simon Ateba
Simon Ateba covers the White House, the U.S. government, the International Monetary Fund, the World Bank and other financial and international institutions for Today News Africa in Washington D.C. Simon can be reached on simonateba@todaynewsafrica.com

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