 |
| Balthazar Engonga |
Balthazar Engonga, the former Director-General of Equatorial Guinea’s National Investment Fund (ANIF), was once a powerful figure in the country’s financial sector. Married with kids, Engonga portrayed himself as a family man—yet behind closed doors, his personal and professional conduct told a different story. Now, he stands accused of embezzling $1.67 million in public funds, facing an 18-year prison sentence, a hefty fine, and a lifetime ban from public office.
Beyond the financial crimes, Engonga’s downfall was exacerbated by his notorious womanizing. Multiple sources allege that he frequently engaged in extramarital affairs, even using his government office for illicit encounters. His abuse of power extended beyond embezzlement—he reportedly coerced female subordinates into relationships, leveraging his authority to silence dissent. These revelations have further tarnished his reputation, painting him as a man who exploited both public trust and personal privilege.
On July 2, 2025, Engonga was escorted to court alongside three other male prosecutors also implicated in the corruption scandal. The trial has gripped the nation, with prosecutors presenting evidence of illicit enrichment, fraudulent transactions, and blatant misuse of state funds. His defense team claims the charges are politically motivated, arguing that key witnesses were pressured into testifying. However, financial records and testimonies from former colleagues suggest otherwise.
Tags
Political News