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Wednesday 18 April 2012

Obama ordered To Return Michael Jackson Crystal Studed Glove.

The Obama administration has been
ordered by a Californian court, to
return the white Swarovski-crystal-
studded glove previously worn by the
late king of pop Michael Jackson.
According to a Hollywood reporter, the
Obama administration acquired $71
million in seized assets from Teodoro
Nguema Obiang Mangue, the son of the
president of Equatorial Guinea, in
October after he indulged in a celebrity
memorabilia splurge in the U.S.
Included in the plethora of prized
possessions is $1.8 million worth of
Jackson memorabilia — including the
coveted white glove worn by the late
King of Pop during his Bad World Tour
in the late 1980s.
He also added a brief history of Nguema
‘s wealth, Nguema moved to the U.S. in
1991 to attend Pepperdine University.
According to the government, his
expenses at the time were paid for by a
U.S. oil company operating in his
country.

The emigrant had enormous wealth, so
he spread it around, moving assets in
and out of the country. In 2010, after
Jackson died, Nguema is said to have
acquired a treasure trove of Jackson
memorabilia, including one of the
singer’s famous gloves.
Other items in Mangue’s collection
include yachts, cars, jets and a $30
million mansion in Malibu.
Mangue has not been charged with any
crime in his homeland or in the states,
the federal court in California has
objected to the seizure.
The judge says the U.S. government
must show Mangue accumulated great
wealth via a manner illegal under his
country’s laws.

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