Equatorial Guinea v. France (No. 2): A First Attempt at International Litigation on Stolen Asset Recovery

Author: Cecily Rose
Published: 18.10.2022
On 29 September 2022, Equatorial Guinea instituted proceedings against France before the International Court of Justice. In its application, Equatorial Guinea alleges that France is failing to comply with its asset recovery obligations under the 2003 United Nations Convention against Corruption (UNCAC). This case represents yet another legal twist in a long-running saga concerning the misappropriation and laundering of Equatoguinean public funds by Teodoro Ngueme Obiang Mangue (Obiang Mangue), the son of the President of Equatorial Guinea. Obiang Mangue is infamous for his lavish spending abroad on luxury homes and cars, and even Michael Jackson memorabilia (see here and here),…