2004 Equatorial Guinea coup d'état attempt the US of backing the plot, but the Pentagon denies supporting it. US officials say it was Greg Wales who made all the approaches to them. Greg Wales, a London-based property dealer, is alleged to have raised $500,000. Equatorial Guinea official sources claim that in November 2003 , when the plot was in its early stages, an Old Etonian mercenary, Simon Mann, paid Mr Wales about $8,000. Mr Wales denies any involvement in the coup. Theresa Whelan, a member of the Bush administration in charge of African affairs at the Pentagon, twice met a London-based businessman, Greg Wales, in Washington
Equatorial Guinea–Spain relations relations with Equatorial Guinea due to repression by President Nguema and his verbal attacks against the Spanish government. By 1978, Spain was prepared to send troops to the nation to intervene and evacuate its citizens if they were particularly targeted by President Nguema. In August 1979, a coup d'état was led by Lieutenant Teodoro Obiang Nguema Mbasogo, the nephew of President Nguema. That same month, Lieutenant Obiang formerly asked the Spanish government for military assistant, however, it was refused. That same month, President Nguema was captured by opposition forces and executed. Lieutenant Obiang became the second President of Equatorial Guinea.