# US DOJ settles Kleptocracy case: Teodorín relinquishes more than $30 million in US assets Date: 2014 ## The fact On 10 October 2014 the [US Department of Justice](/organizations/us-department-of-justice) announced a settlement of civil forfeiture cases against assets in the United States owned by Teodoro Nguema Obiang Mangue, then Second Vice President of Equatorial Guinea. Under the settlement he would sell a Malibu mansion, a Ferrari, and Michael Jackson memorabilia purchased with corruption proceeds; $20 million to a charity for Equatoguineans and $10.3 million forfeited to the United States for their benefit. DOJ’s ‘more than $300 million’ allegation is not copied as Contribution.size. ## Context Obiang is president and father. Teodorín was the named defendant. Sharing a household is not a reason to drop the settlement from this presidency’s file. It is a reason not to write that Obiang was the US defendant. 10 October 2014 DOJ; 27 October 2017 Paris. Keep dates. Keep US DOJ settles Kleptocracy case: Teodorín relinquishes more than $30 million in US assets on 2014-10-10 separate from neighbouring Obiang instruments. The president of Equatorial Guinea is head of state and commander-in-chief. He does not sit as a Paris correctional judge, a US district-court clerk, or a Cour de cassation panel. He was not the named defendant in the US settlement or the French biens-mal-acquis judgments; his son was. ## Evidence and sources US Department of Justice carries the official instrument or communique. World Bank Stolen Asset Recovery Initiative records the same dated act independently. ## What is established and what is not Established: DOJ announced the 10 October 2014 settlement with named $20 million and $10.3 million pots and a Malibu mansion to be sold. What would change the picture: a contradictory original with a different date or name, a later repeal, a court that vacated the instrument, or a measured series that can be argued, with lag and alternatives, as a consequence of this instrument rather than of later institutions. The date is the date of this instrument, not a licence to back-date every later harm or benefit. Teodorín was the defendant. DOJ wrote the settlement. Sharing a household is not a reason to drop the row.. A later repeal, court stay, or successor order would be a different Fact with a different date. That pair identifies US DOJ settles Kleptocracy case: Teodorín relinquishes more than $30 million in US assets, not a later speech about US DOJ settles Kleptocracy case: Teodorín relinquishes more than $30 million in US assets. Co-authors and later implementers named in Context remain on the file. US DOJ settles Kleptocracy case: Teodorín relinquishes more than $30 million in US assets on 2014-10-10 is not a licence to treat every later US Department of Justice communique as this same act. If a later repeal, stay, or successor instrument exists, it needs its own date and its own row. This dossier refuses to average US DOJ settles Kleptocracy case: Teodorín relinquishes more than $30 million in US assets into a personality. The contribution described on this Person row is limited to He is president of the oil state. Teodorín was the defendant. DOJ wrote the settlement. Sharing a household is not a reason to drop the row. That limit is the alternative to treating office-holding as authorship of every later series. ## People - Teodoro Obiang Nguema Mbasogo: https://factrail.ai/people/teodoro-obiang-nguema ## Drivers - Obiang resource kleptocracy: https://factrail.ai/drivers/obiang-resource-kleptocracy - Institutional Corruption: https://factrail.ai/drivers/institutional-corruption ## Sources - https://star.worldbank.org/asset-recovery-watch-database/teodoro-nguema-obiang-mbasogo-teodoro-nguema-obiang-mangue-france - https://www.justice.gov/archives/opa/pr/second-vice-president-equatorial-guinea-agrees-relinquish-more-30-million-assets-purchased ## Methodology https://factrail.ai/methodology Canonical: https://factrail.ai/facts/gq-doj-teodorin-2014