Written by 11 h 28 min Corruption and embezzlement litigation, Press release-en, Strategic litigation

Teodorin Nguema Obiang indicted in the case of the ill-gotten gains

Paris, 20 March 2014 – On Wednesday 19 March 2014, Teodorin Nguema Obiang, Equatorial Guinea’s vice president was indicted by the examining magistrates of the Paris Regional Court for money laundering in the case of the ill-gotten gains.

It is a crucial step since it allows a trial to begin in Paris although the investigation on Teodorin Obiang is now almost over.

Sherpa and Transparency International France emphasise that this indictment, conducted by video conference, gave Teodorin Obiang the opportunity to answer the detailed allegations against him but he refused to do so.

This has reinforced the adversary proceedings, which guarantee that each party can be heard, and ensures a legitimate trial. However, Teodorin Obiang ignored the magistrates and invoked immunity of convenience, which was rejected by the Paris Court of Appeal and the Court of Cassation, and got what he wanted: he regained his freedom of movement.

Sherpa and Transparency International France remind that Teodorin Obiang has been indicted following a series of rulings delivered by the Investigation Chamber of the Paris Court of Appeal and the Court of Cassation. Both Courts rejected all appeals made by Teodorin Obiang in order to invalidate the warrant of arrest initially issued and which were obviously dilatory.

 Our NGOs are confident that French Courts will not fail to reject the pleas immediately announced by Teodorin Obiang’s defence which are in line with his defence strategy since the beginning.

 Teodorin Obiang continues to show contempt for French magistrates and to file multiple complaints for defamation. In the lawsuit, his strategy which consists of playing the victim will not resist the heavy charges.

Press contacts:

William Bourdon, lawyer for Transparency International France and Sherpa’s President, +33 (0)1 42 60 32 60

Sophia Lakhdar, Sherpa’s Director, +33 (0)1 42 21 33 25, communication@asso-sherpa.org

Julien Névo, Transparency International France, +33 (0)1 84 16 95 65

Download the press release in PDF format

Last modified: 17 December 2019