The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
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Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Teodorin Obiang, pictured here in 2012, is the son of Equatorial Guinean President Teodoro Obiang Nguema, who has ruled the country for four decades. [AFP/File / ABDELHAK SENNA]
The playboy son of Equatorial Guinea's leader was handed a 30-million-euro fine by a Paris court Monday on top of a suspended jail term and the confiscation of his assets for embezzling public funds.
Teodorin Obiang, the son of Equatorial Guinea's leader Teodoro Obiang Nguema, was found guilty in 2017 of having plundered his country's state coffers to fund a jet-set lifestyle in Europe.
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