Equatorial Guinea: Corruption Means the Poor Stay Poor
02.09.2004
In a recent article by the Financial Times, it was suggested that the regime of Mr Obiang is an embarrassment to the US, which is showing interest in west African oil and claims a "positive, constructive relationship" with the country. This is despite a recent human rights report by the State Department which said "there was little evidence that the government used the country's oil wealth for the public good. Most oil wealth appears to be concentrated in the hands of top government officials while the majority of the population remained poor."