Corruption is a big problem around the world, but perhaps nowhere more than in African dictatorships. Proof? Despite living in one of the wealthiest countries on the African continent, the citizens of Equatorial Guinea live in abject poverty. Clean drinking water is available to less than half the populace, and one in five children is dead before their fifth birthday.

As so often seems the case with dictatorships, while the citizenry suffers, the rulers of EG live in the lap of luxury. With any luck, though, justice might be catching up to "President" Teodor Obiang's son, Teodorin, according to a report from the International Business Times.

Obiang was subject to a raid by French law enforcement in 2011 that lasted two weeks. Why did it last two weeks? Because authorities had to search the his 80 million Euro, 101-room mansion on the Champs Elysees. Naturally, the house and everything in it was found to have been purchased using state funds. If this blatant display of wealth doesn't outrage you, let us point you back to that stat about 20 percent of this country's citizens dying before age five.

The seizure included a fleet of luxury and sports cars, including models from Bugatti, Bentley, Rolls-Royce, Ferrari, Porsche, Maserati and Maybach. The kicker is, most of the cars had little to no mileage on them. Fine art, vintage wine, and antiques were also seized. Now, French auction house Drouot has sold several of the cars, racking up over $4 million in profits. We can only hope the funds go back to the citizens of Equatorial Guinea, but we aren't holding our breath.

There's more at the IBT. Give it a read if you're interested in making yourself sick.


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    • 1 Second Ago
  • 83 Comments
      Wojo
      • 1 Year Ago
      I saw this movie! He ends up going to Queens!
      davebo357
      • 1 Year Ago
      I have a feeling that whoever is rich enough to buy his Veyron and others at auction, aren't going to have obtained their money through any more actual hard work than this guy did.
        edward.stallings
        • 1 Year Ago
        @davebo357
        Look at American billionaires. Many were hard workers.
          Bernard
          • 1 Year Ago
          @edward.stallings
          The one's that actually worked for it are usually the one's pinching the hardest on every penny.
        Basil Exposition
        • 1 Year Ago
        @davebo357
        Having money without having worked hard for it is not a crime. Having money gained through exploitation is.
      Electrium
      • 1 Year Ago
      Dude is missing his Rolls Royce umbrella
        KingTito
        • 1 Year Ago
        @Electrium
        Now that\'s an eagle eye there! ha!
        car czar
        • 1 Year Ago
        @Electrium
        That was the first I noticed when I looked at the pic. Ok maybe that tacky jacket caught my eye first
      Origami Hammer
      • 1 Year Ago
      You don't think the money for expensive luxury cars all comes from the legitimate, ethical business earnings of the 1% do you? Dictators, inside deals, drugs and arms dealing, organized crime, sex trafficking, oil monarchies - these are the occupations who can afford million dollar cars.
      Wetstuff
      • 1 Year Ago
      It has been a given for 'a hundred years' that cheezy little countries have sleezy rulers that run off to the Rivera, Aspen, the Islands, etc.. But someone needs to call Rolls Royce and all these companies that sell gilded chit to these dirt balls to account. Someone was more than happy to sell him that 80mil euro house and all these trinkets - knowing F'ing well where the cash came from. Jim
      larry2nuts
      • 1 Year Ago
      His penalty should be life imprisonment with hard labor since he probably has never worked honestly in all his life.
      icemilkcoffee
      • 1 Year Ago
      In theory, the french government must return that money to the people of Equitorial Guinea. But in reality- if the current Guinean government is still in power- you cannot just hand the money back over because it would end up in the same corrupt hands all over again.
      This Guy ...
      • 1 Year Ago
      Ok, you're wearing $5000 worth of clothes and stepping out of hundred thousand dollar plus cars, but under what appears to be a cheap uniform jacket, your "assistant" is wearing a T-shirt. Sad state of affairs. Oh and that constipated look on your face and that short tie don't work very well for you. Maybe try a T-shirt and some humility on for size ...
      This Guy ...
      • 1 Year Ago
      What a horrible example of a human being ....
      • 1 Year Ago
      [blocked]
      M5_4_life
      • 1 Year Ago
      All that and he still failed in the dressing dept! I hope he dies miserably, stupid idiot!
      Big Squid
      • 1 Year Ago
      Someone should tell Brandon Turkus that the noun is "POPULACE", not "populous," which is an adjective.
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