French investigators have seized a Paris townhouse belonging to the son of Equatorial Guinea's president as part of a money-laundering probe, a judicial source said on Friday.
Millions of euros worth of art, antiques and other valuables were seized in February from the same six-floor building which is owned by Teodoro Obiang, agriculture minister and son of the small oil-rich African state's president.
Two French judges issued arrest warrants last month for Obiang on money laundering charges, saying they suspected he had siphoned off state funds to buy property in France.
Obiang denies any wrongdoing.
In late 2011, luxury cars, including Bugattis and Ferraris, were also confiscated from the same property, which is situated in one of the French capital's smartest neighbourhoods. Full story...
Read also: Equatorial Guinea's dictator attempts to rebrand himself as a champion of human rights with the help of a Clinton-endorsed charity
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Millions of euros worth of art, antiques and other valuables were seized in February from the same six-floor building which is owned by Teodoro Obiang, agriculture minister and son of the small oil-rich African state's president.
Two French judges issued arrest warrants last month for Obiang on money laundering charges, saying they suspected he had siphoned off state funds to buy property in France.
Obiang denies any wrongdoing.
In late 2011, luxury cars, including Bugattis and Ferraris, were also confiscated from the same property, which is situated in one of the French capital's smartest neighbourhoods. Full story...
Read also: Equatorial Guinea's dictator attempts to rebrand himself as a champion of human rights with the help of a Clinton-endorsed charity
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