Did an African Dictator’s Son Order a £236m Luxury Super Yacht?

President Teodoro Obiang who took over in a bloody 1979 coup.

(Telegraph) African dictator’s son orders £236 million luxury super yacht

The son of Equatorial Guinea’s dictator of 30 years commissioned plans to build a super yacht costing $380 million (£236 million), nearly three times what the country spends on health and education each year, a corruption watchdog said on Monday.

The statement from Global Witness said that German company Kusch Yachts has been asked to build the yacht, housing a cinema, restaurant, bar and swimming pool, though construction has not yet started.

Global Witness has been urging Washington to institute sanctions against Teodorin Obiang, whose extravagant lifestyle currently includes a $35 million-dollar mansion in Malibu, California, a $33 million jet and a fleet of luxury cars, while earning a salary of $6,799 a month as agriculture minister.

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Also see World’s Largest Yachts 2010, Does the Entire Population Fit in Los Angeles? and How Corrupt Were We in 2010?

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