Equatorial Guinea VP loses Michael Jackson statues in U.S. settlement

WASHINGTON, (Reuters) – A federal judge in California announced a $30 million settlement on Friday between the United States and a vice president of Equatorial Guinea that requires him to forfeit his U.S. assets, including a collection of six life-sized statues of late singer Michael Jackson.

Teodoro Nguema Obiang, the Central African country’s second vice president, used his position of power to amass more than $300 million in the United States through corruption and money laundering, U.S. prosecutors said in court documents.