Federal police and revenue authorities in Brazil over the weekend detained a delegation led by son of Equatorial Guinea president Teodorin Obinag Mang after they arrived in the country with over $1.4 million cash and watches worth $15 million.
A portuguese news portal, reported that the 11-man delegation arrived in Brazil on Friday on a governmnt aircraft but was not on a diplomatic mission.
Teodorin, who is also vice-president of the oil rich central African country was exempted from questioning due to his diplomatic status even though the other members of the entourage were detained and quizzed by police.
The report disclosed that the money and watches were in two suitcases, citing the testimony of an agent who participated in the operation. In total, the delegation carried 19 suitcases, in addition to a diplomatic baggage, whose contents were not subject to disclosure.
The Federal Police has since said the case was under diplomatic secrecy whiles on their part, the internal Revenue Service, IRS, has remained silent on the case.
Meanwhile, the secretary to the Embassy of Equatorial Guinea in Brazil has told the police that the vice-president was in town for medical treatment. They said the moneys he brought along were to be used on a later trip to Singapore whiles the watches were for his personal use.
When the entourage arrived, they had one so-called diplomatic bag with all others not so covered by non-disclosure. Teodorin’s team engaged the Brazalian authorities in a scuffle over the bags before they were taken for questioning.
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Reports indicate that he has a history with trips to the southern American country. He was in Brazil in 2015 when a school in the city of Rio de Janeiro mounted a parade in honour of Equatorial Guinea.
The vice president is the subject of a conviction in absentia by a French court. The Paris court in October 2017 handed a three year jail term to Teodorin in a corruption case known as the ‘ill-gotten assets’ saga.
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Inflation rate falls to 1.7%
The office for National statistics says the consumer price index is 1.7%-down from 2.1% – in August
Head of inflation at ONS Mike Hardie said: “The inflation rate has fallen noticeably into August, to its lowest since late 2016. This was mainly driven by a decrease in computer game prices, plus clothing prices rising by less than year after the end of the summer sales.
“Annual growth in house prices slowed to its lowest rate since September 2012, with four of the nine English regions now seeing prices falling over the year”.
Nigeria Football Federation boss Amaju Pinnick under fresh corruption probe
Several properties belonging to top officials of the Nigeria Football Federation (NFF), including its president Amaju Pinnick, have been seized in a fresh corruption probe.
The latest investigation and seizures are being carried out by the country’s Independent Corrupt Practices and Other Related Offences Commission’s (ICPC).
The ICPC has published a newspaper advertisement about the properties seized – half of which belong to Pinnick.
According to the statement published in the Nigerian papers one of Pinnick’s properties is in London.
It comes amidst wide-ranging claims over how money meant for football development allegedly disappeared.
“We can’t go into further details beyond the fact that many officials of the NFF are under investigation,” ICPC spokesperson, Rasheedat Okoduwa said.
“It’s basically because what they have is in excess of what they have earned.”
The ICPC has also taken control of properties belonging to the NFF second vice-president Shehu Dikko and the general secretary Muhamed Sanusi among others.
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