Spanish tax agency embargoes Equatorial Guinean minister's sister's property
Cándida Nfumu Angue Nchama's Madrid building faces over 320,000 euros in tax liens.
Spanish tax authorities have placed two embargoes totaling over 320,000 euros (209,906,240 CFA francs) on a building in Torrejón de Ardoz, Madrid. The property is owned by Cándida Nfumu Angue Nchama, the elder sister of Equatorial Guinea's Minister Delegate of Finance, Milagrosa Obono Angue.
The Spanish Public Treasury has placed the liens on the real estate, which is registered under Nfumu Angue Nchama's name. She is also the sister-in-law of Marcelino Owono Edu, further linking her to prominent figures within Equatorial Guinea's government.
This action follows an investigation by Diario Rombe into the property holdings of individuals connected to the minister's family. The Spanish property registry confirms the preventive embargoes against the building.
Why it mattersThe sister of Equatorial Guinea's Minister Delegate of Finance has had a property in Spain embargoed by tax authorities.