Nearly $27 million seized from the Vice President of Equatorial Guinea will be spent on Covid-19 vaccines for the country. Assets confiscated include luxury vehicles and a pair of $275,000 jewel-encrusted gloves belonging to Michael Jackson.
Assets confiscated include luxury vehicles and a pair of $275,000 jewel-encrusted gloves belonging to Michael Jackson.between the US and Obiang, who is accused of acquiring assets in the country with ill-gotten gains.The United Nations will receive $19.25 million to buy and distribute the vaccines in the Central African country, while $6.
The agreement also empowered the US to keep $10.3m of the forfeited proceeds, while the remaining funds would be spent on programs that benefit the people of Equatorial Guinea. “Wherever possible, Kleptocrats will not be allowed to retain the benefits of corruption,” Assistant Attorney General Kenneth A. Polite Jr said in the statement.
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