Its a $300,000 scientific grant to be funded and awarded to up to three scientists each year and president Obiang has promised $3 million to the Paris-based U.N. agency to administer the prize during the next five years. The funds ($1.5 million, for awardees the rest to administer the prize) will come from the Obiang Nguema Mbasogo Foundation for the Preservation of Life.
For 30 years Obiang has distinguished himself with corruption and contempt for human rights and there are concerns that UNESCO will be permanently tainted .
"If there's any way for UNESCO to shoot itself in the foot it's by renting its credibility to President Obiang, whose record of corruption and abuse seems to go against everything the organization supposedly stands for," Kenneth Hurwitz, a lawyer who specializes in anticorruption with the Open Society Justice Initiative, told Colum Lynch's excellent Foreign Policy blog | Turtle Bay.
Teodoro's latest girl friend is the fashion model Eve, according to the New York Daily News. He spent close to $700,000
to rent Microsoft billionaire Paul Allen's 303-foot yacht, Tatoosh to
impress her recently.![Reblog this post [with Zemanta]](http://img.zemanta.com/reblog_e.png?x-id=14f6d4b2-2ca1-4e10-b196-986f9a6adcf7)

