Black Beach was overthrown in a 1979 coup d'état. Black Beach holds a number of foreign prisoners sentenced for participating in a 2004 coup d'état attempt against the President of Equatorial Guinea, Teodoro Obiang Nguema Mbasogo. These included Simon Mann, the alleged ringleader, until his presidential pardon on 2 November 2009 on humanitarian grounds, and more recently Ramón Esono Ebalé (released in March 2018). Black Beach Black Beach (), located on the island of Bioko, in the capital city of Malabo in Equatorial Guinea, is one of Africa's most notorious prisons. It has a reputation for systematically neglecting and brutalising inmates. Medical
Equatorial Guinea into Riggs Bank, a Washington-based bank into which most of Equatorial Guinea's oil revenues were paid until recently, and which also banked for Chile's Augusto Pinochet. The Senate report showed at least $35 million siphoned off by Obiang, his family and regime senior officials. The president has denied any wrongdoing. Riggs Bank in February 2005 paid $9 million in restitution for Pinochet's banking, no restitution was made with regard to Equatorial Guinea. From 2000 to 2010, Equatorial Guinea had the highest average annual increase in GDP (Gross Domestic Product), 17%. Equatorial Guinea is a member of the Organization for the