Monday 23 January 2017

Obscene behaviour of Africa's ruling elites

Published 05/07/2011 | 05:00

RECENT media reports have once again highlighted the obscenely opulent lifestyles that many of Africa's ruling elites and their families enjoy, while the populations they control are poverty-stricken and sometimes starving.

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Equatorial Guinea ranks near the bottom of the UN human development index: less than half of its population has access to clean drinking water, and 20pc of its children die before reaching age five.

Yet Teodoro Nguema Obiang, the 41-year-old son of the president of Equatorial Guinea, bought €12m worth of luxury cars and motorcycles in November 2009 alone, and has spent millions more on other top-of-the-range vehicles, as well as €18.5m on art. This covers only what we know of his spending habits.

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