Sunday, February 27, 2011

African dictator's son orders luxury superyacht

Newsvine - African dictator's son orders luxury superyacht

The son of Equatorial Guinea's dictator of 30 years commissioned plans to build a superyacht costing $380 million, nearly three times what the country spends on health and education each year, a corruption watchdog said Monday.

The statement from Global Witness said that German company Kusch Yachts has been asked to build the yacht, housing a cinema, restaurant, bar and swimming pool, though construction has not yet started.

Global Witness has been urging Washington to institute sanctions against Teodorin Obiang, whose extravagant lifestyle currently includes a $35 million-dollar mansion in Malibu, California, a $33 million jet and a fleet of luxury cars, while earning a salary of $6,799 a month as agriculture minister.

'This Week' Transcript (2-27-11): Saif al-Islam and Saadi Gadhafi

'This Week' Transcript: Saif al-Islam and Saadi Gadhafi - ABC News

Republican Party benefits from weakened unions

Republican Party benefits from weakened unions

Terrorists taunts may tell attack timing

Terrorists taunts may tell attack timing - USATODAY.com

Nationwide Rallies Against Wisconsin Anti-Union Bill

Nationwide Rallies Against Wisconsin Anti-Union Bill

Gingrich: If it comes to a shutdown, the GOP should stick to its principles

Gingrich: If it comes to a shutdown, the GOP should stick to its principles