Equatorial Guinea
| Use attributes for filter ! | |
| Capital | Malabo |
|---|---|
| Recognised regional languages | Fang |
| Combe | |
| Pidgin English | |
| Annobonese | |
| Population | 1. 268 million (2017) |
| Official_languages | Spanish |
| French | |
| Portuguese | |
| Currencies | CFA franc, Central African CFA franc |
| Date of Reg. | |
| Date of Upd. | |
| ID | 734475 |
About Equatorial Guinea
Equatorial Guinea is a Central African country comprising the Rio Muni mainland and 5 volcanic offshore islands. Capital Malabo, on Bioko Island, has Spanish colonial architecture and is a hub for the country's prosperous oil industry. Its Arena Blanca beach draws dry-season butterflies. The tropical forest of the mainland's Monte Alen National Park is home to gorillas, chimpanzees and elephants.
Christian Atsu: Ghana funeral for footballer killed by Turkey earthquake
... He also made 65 appearances for Ghana, and helped the national side reach the finals of the 2015 Africa Cup of Nations in Equatorial Guinea - where he was awarded goal and player of the tournament...
How fake copyright complaints are muzzling journalists
... Just last month, three separate false copyright claims were made against Diario Rombe, an investigative news outlet that focusses on Equatorial Guinea...
The mission to save the biggest frog on earth
... " For decades, the goliath frog has been over-hunted for food and the pet trade in Cameroon and Equatorial Guinea...
Why Russia's invasion of Ukraine still divides Africa
... Seven other African countries - Senegal, Tanzania, Equatorial Guinea, Burkina Faso, Eswatini, Guinea Bissau and Cameroon - did not vote at all...
Anxious Christmas for families of Indians held in Nigeria
... In August, the ship s crew was en route to pick up crude oil from Equatorial Guinea and Nigeria before heading to deliver it in Rotterdam, Holland...
Zimbabwe's dilemma over deadly elephant attacks
... While Burkina Faso, Equatorial Guinea, Mali, Senegal and Equatorial Guinea have proposed to Cites that the elephants in southern Africa be upgraded to give them " threatened-with-extinction status" further restricting any trade...
Glencore ordered to pay millions over Africa oil bribes
... Along with five charges of bribery, the subsidiary admitted charges of failing to prevent agents from using bribes to secure oil contracts in Equatorial Guinea and South Sudan...
Private military firms see demand in Ukraine war
... " Would they be duly enrolled in the national armed forces before any operations? If not, then what would be their legal position? Casualties? Medical cover? Death and disability insurance? " Mr Mann - who spent several years in prison after being accused of leading an aborted coup d état in Equatorial Guinea in 2004 - said that he is aware, however, of evacuation missions charging £10,000 per person, " mostly organised by PMC-type people who happen to have contacts on the ground"...
Glencore ordered to pay millions over Africa oil bribes
By Michael RaceBusiness reporter, BBC News
A UK subsidiary of mining giant Glencore has been ordered to pay More Than £275m for bribing officials in African countries to get access to oil.
The Company Paid $26m (£23m) through agents and employees to officials of Crude Oil firms in Nigeria, Cameroon and Ivory Coast between 2011 and 2016.
Prosecutors said Glencore Energy UK employees and agents used private jets to transfer cash to pay the bribes.
Glencore Energy UK pleaded guilty to seven corruption offences in June.
It was ordered to pay a fine of £182. 9m by Judge Peter Fraser at Southwark Crown Court , who also approved £93. 5m to be confiscated from The Company .
Along with five charges of bribery, the subsidiary admitted charges of failing to prevent agents from using bribes to secure oil contracts in Equatorial Guinea and South Sudan .
Judge Fraser said the offences Glencore had pleaded guilty to represented " corporate corruption on a widespread scale, deploying very substantial sums of money in bribes".
" The corruption is of extended duration, and took place across five separate countries in West Africa , but had its origins in the West Africa oil trading desk of the defendant in London. It was endemic amongst traders on that particular desk, " he added.
Glencore, founded in 1974, is one of the largest multinational commodity trading and mining companies in The World .
Its subsidiaries operate in More Than 35 countries, but Glencore's London office primarily dealt in oil, with one of its Crude Oil divisions responsible for West Africa .
On Wednesday, the Serious Fraud Office told Southwark Crown Court that Glencore Energy UK Paid - or failed to prevent the payment of - Millions of dollars in bribes to officials in five African countries.
The bribery charges stated that The Firm 's aim was for officials to " perform their functions improperly, or reward them for so doing, by unduly favouring Glencore Energy UK in the allocation of Crude Oil cargoes, the dates Crude Oil would be lifted and The Grades of Crude Oil allocated".
In 2018, the US Department of Justice (DoJ) launched an investigation into Glencore's compliance With Us money-laundering and corruption laws dating back As Far as 2007. It concerned the mining giant's operations in Nigeria, the Democratic Republic of Congo and Venezuela .
The UK's SFO followed suit in 2019, investigating one of Glencore's UK subsidiaries over " suspicions of bribery" in Africa.
The Serious Fraud Office previously said its investigation exposed " profit-driven bribery and corruption".
Clare Montgomery , representing Glencore, said: " The Company unreservedly regrets the harm caused by these offences and recognises the harm caused, both at national and public levels in the African states concerned, as well as the damage caused to others. "
Judge Fraser said in his sentencing remarks that Glencore " engaged in corporate reform and today appears to be a very different corporation than it was at The Time of these offences".
Lisa Osofsky, director of the Serious Fraud Office, said the case was a the First Time since the introduction of the Bribery Act 2010 " that a corporate has been convicted for the active authorisation of bribery, rather than purely a failure to prevent it".
" For years and across the globe, Glencore pursued profits to the detriment of national governments in some of the poorest countries in The World . The Company 's ruthless greed and criminality have been rightfully exposed, " she added.
In May, The Firm agreed to a $1. 1bn (£900m) settlement in the US over a scheme to bribe officials in seven countries during The Course of a decade.
It concerned the mining giant's operations in Nigeria, the Democratic Republic of Congo and Venezuela .
Source of news: bbc.com
