Son of dictator wanted superyacht
Son of dictator wanted superyacht:
"The son of a notorious African dictator commissioned plans for a yacht costing $US380 million - nearly three times his country's health and education budgets, a corruption watchdog claims.Teodorin Obiang, the eldest son of Teodoro Obiang, the President of Equatorial Guinea, wanted to build the world's second most expensive yacht behind the Russian Roman Abramovich's $US1.2 billion Eclipse, the campaign group Global Witness said.
It condemned the plan as ''outrageous extravagance'' in a country where 20 per cent of children die before they turn five and few people live beyond 50.
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The government of the west African country confirmed that Mr Obiang jnr had ordered the yacht design but had decided against building it.
His father has ruled for more than 30 years and has been accused of human rights violations. Forbes estimated Mr Obiang snr's wealth at $US600 million."
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