LEARNING TOUR? M/M O pictured w/ Ivory Coast official 2009.
Malibu home of Ivory Coast dictator's son.
The oil-rich Ivory Coast has one of the worst human rights records in Africa whose rulers are accused of funneling millions of public monies into their own pockets. But now it looks like the son of the dictator----Teodoro---whose world—comprised yachts, Bugattis, and Michael Jackson memorabilia—could come crashing down, according to Foreign Policy (via Curbed).
Foreign Policy's Ken Silverstein reported that after a four-year investigation into alleged extortion and laundering of $100 million in the US and "theft of public funds, or other corrupt conduct" back at home, the Justice Department has filed notice of a lawsuit involving the possible seizure of Tedoro's California mansion, and other assets.
And French investigators just seized millions of dollars' worth of his sports cars, while the Spanish government is investigating the entire Obiang clan. Teodoro reportedly hasn't spent much time stateside recently, in part thanks to various legal actions against him.
Just a peek inside the insane world of Teodoro---he first came to the U.S. to attend Pepperdine University in Malibu. While tuition cost just $3,400, he managed to blow through $50,000 in the first five months before dropping out. Source: Business insier--LA Weekly.
Teodoro is listed as the owner of this $35 million mansion on the Malibu coast, which he paid for in cash. It was the most expensive home sold in California in 2006, and has a tennis court, swimming pool and 4-hole golf course.
Teodoro's on the government payroll as "minister of agriculture and forestry," and supposedly makes just $5,000 per month. But his Malibu home contains $60,000 worth of rugs, a $58,000 home theater and a $1,734 pair of wine glasses.
RICH-HATERS IN THE WH The Ohaha's say they hate the rich---but the O's know how to spend. The family blew $1.4B on travel and entertainment for themselves and their numerous personal staffs last year: that's 2000 times more than what the entire British Royal Family cost the UK ($57.8M)----$27 million bucks a week is only the tip of the iceberg:
White House sources claim Michelle (with a staff of 24) went through $10M of taxpayer money last year on just her own private trips and shopping sprees, with one calling the First Lady's self-indulgent spending orgy -including extravagant massages, top-shelf booze, and five-star hotels 'disgusting'.
NRO tallied what taxpayers are paying for the Ohaha's living in the White House: $1.4 billion per year: Air Force One ($181,757 per hour), executive chef ($100,000 per year), three full-time White House calligraphers ($ 277,050 per year for the trio), chief of staff to the president’s dog ($102,000 per year), Ohaha's royal motorcade ($2.2 million).
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$1.4 BILLION is the current annual cost of the White House — just in household expenses, not including US policy operations for which the WH exists--administered by some 900 parasites---policy staff recruited by Ohaha.
Annually, Ohaha vacations cost $20 million (the low estimate for Ohaha's Hawaii vacay was $4 million, but the true cost is probably five times that); the first family’s yearly health-care costs are $7 million; more than $6 million is spent on the White House grounds each year. Transportation costs were a staggering $346 million last year.-
TAXPAYERS DEMAND A FULL ACCOUNTING OF SECRET SERVICE ASSIGNMENTS BEFORE AND AFTER SEQUESTRATION