Playboy Teddy’s SA “hostages” in Equatorial Guinea

Loading player...
This month (February) one year ago two South African engineers were arrested in Equatorial Guinea under the guise of illegal drug trafficking. It is believed that their detention was in retaliation for the seizure in South Africa of two luxury properties and a super yacht belonging to the country’s playboy Vice-President “Teddy” Obiang. Frik Potgieter (54) and Peter Huxham (55) were subsequently convicted and sentenced to 12-years’ imprisonment. They were also fined “damages” of $5 million each and additional fines to be shared between them.  Their families are “deeply disappointed that the South African government has not sought to prioritise the illegal and arbitrary detention of two of its citizens over its current high-profile international diplomacy efforts”. Their families are pleading with the Government to help secure their release. In this interview with BizNews, Frik’s wife, Sonja, and Peter’s fiancé, Kathy McConnachie, share their trauma. - Chris Steyn
13 Feb 2024 9AM English South Africa Investing · Business News

Other recent episodes

Eva Crouwel - When the State comes to your Gate….

An anti-immigration raid on a private housing estate in the Western Cape is causing a furore. In this interview with Chris Steyn, Eva Crouwel, a property owner on High Riding Estate, describes how police in a fleet of about six vans - accompanied by Home Affairs officials - descended on…
27 Jul 7AM 10 min

BN Daybreak: SA-Israel tension; Nvidia-OpenAI deal; US tariffs; Fed rate outlook; Energy Risks

In today's BizNews Daybreak, we explore global market pressures, starting with new US Section 301 tariffs affecting South Africa and 60 other economies. Former Israeli adviser Mark Regev discusses strained Pretoria-Israel relations and ICJ genocide charges. Furthermore, we preview upcoming central bank rate decisions, Nvidia’s potential $250B OpenAI data center…
26 Jul 11PM 14 min

Boardroom Talk: RIP RW Johnson - leaving a huge hole in your nation's heart

In today's Boardroom Talk, Alec Hogg confirms the death of RW Johnson, one of South African political writing's sharpest and most combustible voices, and reflects on a decade of working with him: the audiobook that started it, the necrotising fasciitis he refused to let slow him down, the Steenhuisen column…
22 Jul 5AM 19 min