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Teodorin Obiang. A French judge wants him arrested on money laundering charges. FILE | AFRICA REVIEW |
By BBCPosted Saturday, August 4 2012 at 13:09
French authorities have seized the Paris mansion of the son of Equatorial Guinea's leader as part of a money-laundering probe, officials confirm.
Teodorin Nguema Obiang Mangue is currently being sought on corruption charges.
His Paris villa is thought to be worth between 100m ($124m) and 150m euros, the AFP news agency reports.
Mr Obiang, the 43-year-old son of President Teodoro Nguema Obiang Mbasogo, denies any wrongdoing.
Authorities seized the six-storey property on July 19, a court official told the BBC.
The luxury mansion is located on Avenue Foch in one the most prestigious neighbourhoods of the French capital.
A week earlier, Judge Roger Le Loire had issued an international search warrant after Mr Obiang refused to be interviewed by magistrates on charges of corruption.
The allegations were brought forward by anti-corruption group Transparency International. The organisation suspects Mr Obiang, as well his father and several other African leaders, of using state assets to acquire property in France.
'Judicial immunity'
Teodorin Nguema Obiang Mangue, son of Teodoro Obiang Nguema Mbasogo, the president of Equatorial Guinea is known for his lavish lifestyle.