Seizure / forfeiture
Teodorin Obiang: $165M moved in 2021
French courts confirmed the confiscation of his Paris mansion, cars and other assets after an ill-gotten gains trial.
The figure
- Amount165,000,000 US dollars
- CategorySeizure / forfeiture
- CorridorParis, France → Malabo, Equatorial Guinea
- Distance5.1K km apart
- Year reported2021
- Documentation confidence82/100
What that amount buys
$165M is roughly 2 long-range private jets, 393 median-priced US homes, or 2.0K years of median US household income.
Teodorin Obiang is publicly known as vice-president of equatorial guinea. The arc drawn for this entry joins Paris and Malabo because those are the places the two sides of the deal are based — it is not the route a wire took through the banking system.
Source
Reported by Wikipedia. Read the source record →