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 Between 1979 - 1983, Spain sent Equatorial Guinea 15 million Spanish pesetas for the development of the nation. Relations between both nations almost severed due to debt renegotiation in 1983 and the fact that Equatorial Guinea owed Spain over 6 million Spanish pesetas. Agreements were made before more drastic measures were taken. During the 2004 coup d'état attempt, President Obiang accused Spain of knowing about the coup attempt and for sending two Spanish warships to the region, however, Spanish President José María Aznar denied the allegations that the ships were there to assist in the coup. Presidential visits from Equatorial