The defense of Equatorial Guinea encompasses (2009) 1,300 men enlisted and is organized into three battalions, two patrol boats, one fighter aircraft and five armed helicopters. Semi-military security forces amount to 200 men. The material is older and of Soviet origin. Defense costs decreased in 1985-2007 from 2.0% to 0.8% of GDP. To see related acronyms about this country, please check ABBREVIATIONFINDER where you can see that GNQ stands for Equatorial Guinea.
The Obiang family is a kleptocracy that has stolen huge sums from the country, which is both one of the richest and poorest in the world, because the large revenue from oil extraction does not benefit the people. The media is subject to strict censorship, and the authorities control which sites and information the public can access through the Internet. Freedom of assembly and expression is grossly suppressed and torture and arbitrary arrests are widespread. The United States is the country’s most important trading partner and has major investments in the oil sector. France also has hundreds of employees in the lucrative oil sector.
In April 2016, the dictator allowed himself to be elected for another term. He reportedly got 93.5% of the vote. During the period leading up to the election, the dictatorship suppressed the right to assembly, used violence – including firearms – against the opposition, and left hundreds of its own nationals and foreigners imprisoned and subjected to torture.
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In June 2016, Obiang deployed Francisco Pascual Obama Asue to the post of prime minister.
The Ministry of Education issued a circular in July that all pregnant girls should be thrown out of the country’s schools. The circular came into force at the start of the school year in September.
In September, a French prosecutor filed an indictment against Obiang’s eldest son Teodorin on corruption, money laundering and fraud. During the investigation, the French authorities seized property belonging to Teodorin, including an apartment worth $ 180 million. € 18, 18 luxury cars and an art collection worth approx. 18 million €. While Theodorin acquired these values he was Minister of Agriculture with an annual salary of approx. 100,000 US $. The French prosecutor’s office had already in May demanded Teodorin stand trial. Obiang responded again by appointing his son as vice president, and then brought a case before the International Court of Justice in The Hague alleging that France violated the son’s immunity. The case followed in the wake of a similar case in the United States where the Justice Department had investigated Teodorin’s money laundering, his purchase of a house in Malibu for 30 million. US $ and a private jet for $ 38.5 million. US $. In this case, a settlement was made when Teodorin agreed to transfer US $ 30 million to US authorities. US $ to be sent to charitable organizations in Equatorial Guinea. In Spain, the authorities had brought similar cases against senior officials, including the president.