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Article: Regions: Middle East and Africa - A conflict of interests?
- Article from:
- Foreign Direct Investment
- Article date:
- October 1, 2009
CopyrightCOPYRIGHT 2009 FT Business. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Michael Deibert
A court case brought against three west African heads of state by an anti- corruption group has sparked debate in Europe on the economic relationships between European governments and their former colonial possessions.
The case was brought in December 2008 by the French branch of anti-corruption group Transparency International. It alleges that president Denis Sassou Nguesso of the Republic of Congo, president Teodoro Obiang Nguema of Equatorial Guinea and president Omar Bongo Ondimba of Gabon (who died in June 2009) looted public funds to buy luxury homes and cars abroad. Though representatives for the three leaders were ...