Tonight the story of the bully who may be the worst in the world is cruel he's venal and robs his country blind his country is an African hell called equatorial guinea and no one would have heard or cared about it if they hadn't gotten a lot of oil.
While his people starve Bob's tinpot elephant holding this small African backwater accompanied by a worthy party. of great power and almost the worst rebel in the world today.
President Teodoro Obiang his people are among the poorest in the world and among the richest, this is the worst place ever to have the worst human rights record in the country.
The oil here is attractive because it is not Arab non-OPEC non-Muslim and the reeks are inaccessible to the troubled indigenous people.
The main island of this small nation is what critics call the African armpit a small Australian company rock oil. is bombing.
Here but especially the American giants especially ExxonMobil, for the first time, have given equatorial Guinea only 12 oil owners with an average oil income of about 60.
According to Alex vines an African expert who works with the royal international news agency initially, the oil companies gave equatorial Guinea a bad deal and took.
The opportunity to start with the Ecuadorian government and he did not know what he was dealing with in Ecuador.
Time the largest square in the capital is the typical throw of Spanish colonialism in some areas the city is mostly shantytowns with little water and actually no sewage the government has stopped recording.
Here but we control these images taken in our hotel window while a fire burns oil at night students with no electricity in-home studies down the street.
The disgraceful part is that he has a big company. like the Exxon mogul imprisoned in this most corrupt government by the president.
Treasurer likes his uh patrimony as well as doing business with such a person and uh actually feeding his fund um I think it is a shame.
The president and his family are often overseas the first son Teodoro jr is part of Paris and its beautiful hotels. and approved French television to accompany a shopping mall.
But Bentley could be hard work in Paris traffic fashion house close its doors to offer.
Special youth access to goods but while their Paris ambassador was doing his job Teodoro bought 30 suits that day and then took a Lamborghini down with the champs-Elysees to get CDs would it be good to suggest.
That perhaps such a small success would be spent in the slums at home spending on health and education has declined sharply over the past five years and consider that.
The last five years is where oil wealth started so although the country is getting richer people are getting poorer money is going elsewhere.
It is not to the public, the white hotel in the capital has one of two national swimming pools with no water really a pity because here we found eric museum who eric the eel.
Remember the swimmer who was very slow at the Sydney Olympics and is now training in Athens well how do you train.
If the pools did not get water ok I was in South Africa and Ghana so I was training but now I have to move to Spain to train here I can't do it in one hotel, meet the guys Exxon Mobil has relaxed after a personal touch.
On the machine and perhaps a well-oiled ointment blinds the ugly eyes of the world, where all the money is. travel we do not control where the money goes we are just here to do the work.
Your visa has been revoked and you add a good rate if you go quietly then no one will be jailed.
So I think it makes sense then we marched peacefully to Madrid Spain not to mention the times when he was imprisoned for four days.
He was imprisoned several times in a black prison full of rats back to the capital where President Obiang imprisoned his opponents.
When he took power from his uncle 25 years ago he kept him here for a few days and then killed him and it is not surprising.
That many were against Obiang today they fled here from Madrid Spain the former colonial power in the way Obiang took the whole country including natural resources.
He really believes this country is his democracy sir in the 90s the president also believes he shared those resources at least that's what he told bob Simon from CBS 60 minutes in the final interview.
For a year the oil was in our hands like the manna that the Jews had eaten in the wilderness, we had to follow the rules to make sure the manna reaches.
All the people of equatorial guinea oil companies make sure the road reaches at least him in America, red carpet treatment to the president.
All the way and I remember the president has a great collection of scotch whiskey Obiang had been a guest at the event big oil shows.
Its closest and strongest friend does it have any doubts about doing business at the time is a matter for Mr. Stephen Hayes is the head of an American company consultant in Africa.
I think sometimes and that's a good question is there any level where any oil company in the world can do business when there is so much oil?
I do not know your position that we should not take the oil of equatorial guinea no that position because there is no other way.
Well let me tell you my position so there should be
good behavior in this and should be a low level you will not sink and sink into the unbelievable depths of dealing with a tyrannical opposition.
So cruel as Obiang well I do not agree with what the crew is little or bad, no, I am not sure, I do not agree that American companies do not follow that
uh, trading practices action.
It turns out that president Obiang is doing a lot of business in the Washington oil business and the private sector is the most important part of the most important business.
City in the world Washington is very beautiful and when it comes to a good location address there are a few better places than here.
Private banks here as president Cobian Obiang manages more than 60 accounts in this bank including.
The one where oil companies deposit royalty payments in other accounts balances up to hundreds of millions of dollars in such cases, I think it makes sense to equip yourself with such a luxury abroad of Washington but a stupid president who forgets to lock the front gate.
I got a glimpse of the president's ships and as the president was not there when I crossed the same caregiver very kindly arranged for me to talk to the government representative on the phone who this is yes.
Your friend who is your friend's name oh you an ambassador oh, I see you are a cousin of the president oh goodness goodness me well Mr. Ambassador tell me how much money.
The president has in his fraudulent bank right now FBI is trying to track the inbound and outflow of money in that account that Mr.
The ambassador is still alive and well and the oil companies that pay cash bye bye bye Obiang and his family should enjoy.
The lives of the rich and the poor. famous if not why could he have another mansion just down the road and across the continent is another luxurious os Angeles area of Beverly hills.
Home of Teodoro jr remember he is a son who loves fast cars too fancy suits swimming holes star film
is the fastest growing economy in the world almost none of the half-million people?
Who sees the copper razoo in this why don't you do right get out of equatorial guinea to turn your back on this dictator opposed by the dictator let's imagine how fast.
The oil company will go out thinking how fast it would be international oil companies are there in a second.
So what changes in equatorial Guinea see that city is a small place should be another q8 if everyone does the right thing, yes and the fact is that almost no one does the right thing by associating with this killer.
A criminal dictator we in the west shore in shame and contribute to the tragedy that is happening.
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