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H.E. Obiang Nguema Mbasogo: “In Equatorial Guinea there is strict control of State revenues

posted by – April 19th, 2012

The President of the Republic gave an important interview to the television channel France 24, during which he responded to important current issues. Obiang Nguema Mbasogo was blunt, saying that “in Equatorial Guinea there is a strict control of State revenues” and also defended the actions of his son, head of the Ministry of Agriculture and Forestry. The interview took place just one day before the Paris prosecutor’s office gave the green light to the possibility of an arrest warrant requested by two French judges against Nguema Obiang Mangue.

The Head of State, H.E. Obiang Nguema

-“In Equatorial Guinea there is strict control of State revenues. All the money is collected by the State, no one can touch that money. There is a strict control of income, even I can’t touch Government money,” said the President of the Republic, in the statements he made to the television channel France 24 for a special interview.

H.E. Obiang Nguema Mbasogo also defended the transparency of the property obtained by the Minister Nguema Obiang, declaring that “my son is a businessman and has his own companies in the forestry sector. Companies that maintain the roads, and that work with different foreign companies”.

-“I recommend my family to work, and to have companies and firms, so that they not only depend on State funds,” said the Head of State, who also invited the doubters of how goods are acquired in Equatorial Guinea to send a letter rogatory to investigate in the field.

-“Equatorial Guinea was the poorest (country) in the continent, but now it can be classified as the third or fourth for its income. We have created wealth in Equatorial Guinea,” added the President, who also argued that “my party always wins the elections because the Government works”.

During the interview, the Head of State also referred to the controversy surrounding the famous UNESCO-Equatorial Guinea Prize, reminding that, thanks to it, the oil money may serve for a beneficial use.

And, according to the President, the wealth “has to be divided among all”, saying that it should not just stay in Equatorial Guinea. Therefore, he also gave examples of times when his country had contributed funds to humanitarian causes, as was the case of aid to Japan for the tsunami in 2010, to Haiti for the earthquake that devastated the country and the United States for Hurricane Katrina in 2005.

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