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Real estate dispute: France wins the battle with Equatorial Guinea

16/09/2025
Source : ORISHAS FINANCE
Categories: Sectors

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The Friday, September 12, 2025, the International Court of Justice (ICJ) rejected a request from Equatorial Guinea in a long-standing dispute with the France . This is a hotel deal Parisian individual, confiscated by the French authorities in the so-called “bad goods” case acquired”.

Equatorial Guinea had asked the ICJ to issue emergency ordinances to prevent France from selling luxury goods Parisian property seized in 2012, which includes a cinema, a steam room and marble and gold sanitary ware. According to presiding judge Yuji Iwasawa, after having carefully considered the arguments of the parties, the court concluded that the Equatorial Guinea has not shown... that it has a plausible right to return of the building”. According to him, “for these reasons, the court, by 13 votes to 2, rejects the request for the indication of measures conservatories”.

As a reminder, the building with an estimated value of over from 100 million euros, had been seized in the framework of a corruption investigation targeting Equatorial Guinean Vice President Teodoro Nguema Obiang Mangue, commonly known as Teodorin.

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