In a Times article in 2008, there is a breakdown of how Bongo enjoys corrupt money.
A mansion worth £15m in one of Paris’s most elegant districts has become the latest of 33 luxury properties bought in France by President Omar Bongo Ondimba of Gabon … a French judicial investigation has discovered that Bongo, 72, and his relatives also bought a fleet of limousines, including a £308,823 Maybach for his wife, Edith, 44. Payment for some of the cars was taken directly from the treasury of Gabon … The Paris mansion is in the Rue de la Baume, near the Elysée Palace … The 21,528 sq ft (2,000.0 m2) home was bought in June last year by a property company based in Luxembourg. The firm’s partners are two of Bongo’s children, Omar, 13, and Yacine, 16, his wife Edith and one of her nephews… [T]he residence is the most expensive in his portfolio, which includes nine other properties in Paris, four of which are on the exclusive Avenue Foch, near the Arc de Triomphe. He also rents a nine-room apartment in the same street. Bongo has a further seven properties in Nice, including four villas, one of which has a swimming pool. Edith has two flats near the Eiffel Tower and another property in Nice. Investigators identified the properties through tax records. Checks at Bongo’s houses, in turn, allowed them to find details of his fleet of cars. Edith used a cheque, drawn on an account in the name of “Prairie du Gabon en France” (part of the Gabon treasury), to buy the Maybach, painted Côte d’Azur blue, in February 2004. Bongo’s daughter Pascaline, 52, used a cheque from the same account for a part-payment of £29,497 towards a £60,000 Mercedes two years later. Bongo bought himself a Ferrari 612 Scaglietti F1 in October 2004 for £153,000 while his son Ali acquired a Ferrari 456 M GT in June 2001 for £156,000. Bongo’s fortune has repeatedly come under the spotlight. According to a 1997 US Senate report, his family spends £55m a year. In a separate French investigation into corruption at the former oil giant Elf Aquitaine, an executive testified that it paid Bongo £40m a year via Swiss bankaccounts in exchange for permission to exploit his country’s reserves. Bongo denied this. The latest inquiry, by the French antifraud agency OCRGDF, followed a lawsuit that accused Bongo and two other African leaders of looting public funds to finance their purchases. ‘Whatever the merits and qualifications of these leaders, no one can seriously believe that these assets were paid for out of their salaries’, alleges the lawsuit brought by the Sherpa association of judges, which promotes corporate social responsibility.[39]
