On 15 July, OCCRP reported that the CEO of Equatorial Guinea’s state oil company is accused of skimming petroleum profits, while reporters have linked him to luxury properties around the world. Antonio Oburu owns properties in Houston, Madrid, Limassol, and Accra via a network of shell companies. He married into Equatorial Guinea’s presidential family and he and his wife bought Cypriot citizenship via a scandal-hit cash-for-passports scheme. The power couple running Equatorial Guinea’s national oil company secretly oversee a global property empire –– which reporters discovered hidden behind a veil of shell companies –– that even their hefty pay packages cannot explain.
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