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Portugal Probes Zagope's $1.2B Corruption Ties to Obiang

7/29/2025

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Summary

Story summary

Portugal's Attorney General is probing a corruption scandal linking construction giant Zagope to Teodoro Nguema Obiang Mangue, son of Equatorial Guinea's dictator. An ICIJ report unveiled that Zagope secured nearly $1.2 billion in contracts, with over $86 million funneled to Obiang's firm. This investigation adds to Obiang's troubled legal history in the U.S., France, and Brazil.

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Story summary

Portugal's Attorney General is probing a corruption scandal linking construction giant Zagope to Teodoro Nguema Obiang Mangue, son of Equatorial Guinea's dictator. An ICIJ report unveiled that Zagope secured nearly $1.2 billion in contracts, with over $86 million funneled to Obiang's firm. This investigation adds to Obiang's troubled legal history in the U.S., France, and Brazil.