The Fort Worth Press - Son of Equatorial Guinea's ruler held for graft: state TV

USD -
AED 3.673042
AFN 68.266085
ALL 93.025461
AMD 389.644872
ANG 1.80769
AOA 912.000367
ARS 997.22659
AUD 1.547988
AWG 1.795
AZN 1.70397
BAM 1.85463
BBD 2.025224
BDT 119.861552
BGN 1.857551
BHD 0.376464
BIF 2962.116543
BMD 1
BND 1.344649
BOB 6.930918
BRL 5.79695
BSD 1.002987
BTN 84.270352
BWP 13.71201
BYN 3.282443
BYR 19600
BZD 2.02181
CAD 1.41005
CDF 2865.000362
CHF 0.887938
CLF 0.035528
CLP 975.269072
CNY 7.232504
CNH 7.23645
COP 4499.075435
CRC 510.454696
CUC 1
CUP 26.5
CVE 104.561187
CZK 23.965904
DJF 178.606989
DKK 7.07804
DOP 60.43336
DZD 133.184771
EGP 49.296856
ERN 15
ETB 121.465364
EUR 0.94835
FJD 2.27595
FKP 0.789317
GBP 0.792519
GEL 2.73504
GGP 0.789317
GHS 16.022948
GIP 0.789317
GMD 71.000355
GNF 8643.497226
GTQ 7.746432
GYD 209.748234
HKD 7.785504
HNL 25.330236
HRK 7.133259
HTG 131.85719
HUF 387.22504
IDR 15898.3
ILS 3.749604
IMP 0.789317
INR 84.47775
IQD 1313.925371
IRR 42092.503816
ISK 137.650386
JEP 0.789317
JMD 159.290693
JOD 0.709104
JPY 154.31504
KES 129.894268
KGS 86.503799
KHR 4051.965293
KMF 466.575039
KPW 899.999621
KRW 1395.925039
KWD 0.30754
KYD 0.835902
KZT 498.449576
LAK 22039.732587
LBP 89819.638708
LKR 293.025461
LRD 184.552653
LSL 18.247689
LTL 2.95274
LVL 0.60489
LYD 4.898772
MAD 9.999526
MDL 18.224835
MGA 4665.497131
MKD 58.423024
MMK 3247.960992
MNT 3397.999946
MOP 8.042767
MRU 40.039827
MUR 47.210378
MVR 15.450378
MWK 1739.225262
MXN 20.34515
MYR 4.470504
MZN 63.903729
NAD 18.247689
NGN 1665.820377
NIO 36.906737
NOK 11.089039
NPR 134.832867
NZD 1.729727
OMR 0.384524
PAB 1.002987
PEN 3.80769
PGK 4.033
PHP 58.731504
PKR 278.485894
PLN 4.096724
PYG 7826.086957
QAR 3.656441
RON 4.725204
RSD 110.944953
RUB 99.872647
RWF 1377.554407
SAR 3.756134
SBD 8.390419
SCR 13.840372
SDG 601.503676
SEK 10.978604
SGD 1.343704
SHP 0.789317
SLE 22.603667
SLL 20969.504736
SOS 573.230288
SRD 35.315504
STD 20697.981008
SVC 8.776255
SYP 2512.529858
SZL 18.240956
THB 34.842038
TJS 10.692144
TMT 3.51
TND 3.164478
TOP 2.342104
TRY 34.419038
TTD 6.810488
TWD 32.476804
TZS 2667.962638
UAH 41.429899
UGX 3681.191029
UYU 43.042056
UZS 12838.651558
VES 45.732111
VND 25390
VUV 118.722009
WST 2.791591
XAF 622.025509
XAG 0.033067
XAU 0.00039
XCD 2.70255
XDR 0.755583
XOF 622.025509
XPF 113.090892
YER 249.875037
ZAR 17.226455
ZMK 9001.203587
ZMW 27.537812
ZWL 321.999592
  • RBGPF

    61.8400

    61.84

    +100%

  • SCS

    -0.0400

    13.23

    -0.3%

  • RELX

    -1.5000

    44.45

    -3.37%

  • BCC

    -0.2600

    140.09

    -0.19%

  • GSK

    -0.6509

    33.35

    -1.95%

  • NGG

    0.3800

    62.75

    +0.61%

  • CMSC

    0.0200

    24.57

    +0.08%

  • BTI

    0.9000

    36.39

    +2.47%

  • RIO

    0.5500

    60.98

    +0.9%

  • JRI

    0.0235

    13.1

    +0.18%

  • BP

    -0.0700

    28.98

    -0.24%

  • BCE

    -0.0200

    26.82

    -0.07%

  • RYCEF

    0.0400

    6.82

    +0.59%

  • AZN

    -1.8100

    63.23

    -2.86%

  • CMSD

    0.0822

    24.44

    +0.34%

  • VOD

    0.0900

    8.77

    +1.03%

Son of Equatorial Guinea's ruler held for graft: state TV
Son of Equatorial Guinea's ruler held for graft: state TV / Photo: © AFP

Son of Equatorial Guinea's ruler held for graft: state TV

One of the sons of Equatorial Guinea's veteran ruler has been arrested on suspicion of illegally selling a plane owned by the national airline, state TV said Tuesday.

Text size:

Ruslan Obiang Nsue, whose iron-fisted father President Teodoro Obiang Nguema Mbasogo has ruled since 1979, was detained on Monday and placed under house arrest, TVGE said.

The channel said authorities opened an inquiry in late November "after discovering that an ATR 72-500 belonging to the national airline (Ceiba Intercontinental) had gone missing".

The plane had been sent to Spain in 2018 for routine maintenance, TVGE said.

Obiang is suspected of selling it to Binter Technic, an aircraft maintenance company based in Las Palmas on the Spanish island of Grand Canary, it said.

The ATR 72-500 is a turboprop developed in the late 1980s by the French-Italian maker ATR with a capacity of up to 74 passengers.

Obiang is a former junior minister for sport and youth and previous head of the airline who is today chief of airport services companies, Ceiba Aeropuertos.

His half-brother, Vice President Teodoro Nguema Obiang Mangue, said on Twitter, "Ruslan Obiang has admitted that he was the one who sold Ceiba's ATR."

"I am not going to let myself be swayed by family ties or favouritism, and this is why I ordered his immediate arrest and for him to be handed over to justice."

The two men's 80-year-old father, President Obiang, is the longest-serving head of state alive today, excluding monarchs.

He seized power in August 1979, toppling his uncle, Francisco Macias Nguema, who was then executed by firing squad.

Firmly suppressing dissent and surviving a string of attempted coups, Obiang has remained at the helm of the oil-rich central African state ever since.

But the wealth is concentrated in the hands of just a few and four-fifths of the population of 1.4 million live below the poverty line, according to World Bank figures.

The country also has a reputation for graft, ranking 172 out of 180 nations on Transparency International's 2021 Corruption Perceptions Index.

News about the disappearance of the airliner, and its suspected sale, emerged in December, trigging a wave of indignation.

Obiang has long been viewed as grooming Teodoro as his successor.

Speculation grew he would hand over the reins last year at presidential elections as his public appearances became rarer.

But those expectations were quashed after Teodorin was enveloped in scandals abroad over assets suspected to have been acquired illegally.

France, Britain and the United States have ordered him to forfeit millions of dollars in assets, from mansions to luxury cars, while France also handed him a three-year suspended sentence and a fine of 30 million euros (dollars).

President Obiang ran for a sixth term in the November vote, and was credited with 94.9 percent of the ballot.

T.Gilbert--TFWP