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
Politics of Equatorial Guinea Politics of Equatorial Guinea The politics of Equatorial Guinea take place in a framework of a presidential republic, whereby the President is both the head of state and head of government. Executive power is exercised by the government. Legislative power is vested in both the government and the Chamber of People's Representatives A great deal of political party activity ensued when Equatorial Guinea attained autonomy from Spain in 1963. Bubi and Fernandino parties on the island preferred separation from Río Muni or a loose federation. Ethnically-based parties in Río Muni favored independence for a united country comprising Bioko and Río