Michael Jackson Memorabilia Owned by African Royal Teodorin Obiang of Malibu Sought by U.S. Government | The Informer | Los Angeles | Los Angeles News and Events | LA Weekly
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Crime

Michael Jackson Memorabilia Owned by African Royal Teodorin Obiang of Malibu Sought by U.S. Government

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Tue, Oct 25, 2011 at 12:38 PM

click to enlarge MJ's glove.
  • MJ's glove.
The U.S. government really wants this guy's Michael Jackson memorabilia.

We told you earlier this month how the feds had filed a civil suit seeking the Malibu-based property of African royal Teodorin Obiang -- including the MJ stuff (such as an infamously bejeweled glove), his Gulfstream G-V, a few Rolls Royces, a Bugatti Veyron (that 250-mile-per-hour car), and his Malibu property (possibly worth $30 mil alone).

They're at it gain, this time ...

... amending one civil complaint and filing another separately, according to the U.S. Attorney's Office in L.A., which states:

Teodoro Nguema Obiang Mangue (Nguema) used his position and influence as a government minister for Equatorial Guinea to acquire criminal proceeds through corruption and money laundering, in violation of both Equatoguinean and U.S. law.

The government wants $70.8 million of Obiang's goods. They claim he looted more than $100 million from his home nation of Equatorial Guinea, where dad Teodoro Nguema Obiang Mbasogo happens to be president.

The U.S. Attorney's Office in L.A:

According to the complaints, Teodoro Nguema Obiang Mangue (Nguema) used his position and influence as a government minister for Equatorial Guinea to acquire criminal proceeds through corruption and money laundering, in violation of both Equatoguinean and U.S. law. According to the complaints, Nguema is the son of Teodoro Nguema Obiang Mbasogo (Obiang), the president of Equatorial Guinea.

The MJ memorabilia is worth nearly $2 million alone, prosecutors say:

The complaints allege that Nguema used intermediaries and corporate entities to acquire numerous assets in the United States, including more than $1.8 million worth of Michael Jackson memorabilia, a $38.5 million Gulfstream G-V jet, a $30 million house in Malibu, Calif., and a 2011 Ferrari automobile valued at more than $530,000.

The federal government is operating (as usual) in the red. It could us this pre-owned good stuff.

Could you imagine President Obama rolling in a Ferrari and wearing that glove? Us neither. That's why, if successfully seized for good, it will be auctioned off to some douche in a Christian Audigier t-shirt. That's called redistribution of wealth, American-style.

[@dennisjromero/djromero@laweekly.com]

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