Equatorial Guinea Obiang Mangue, and other close relatives with powerful positions in the security forces. The tension may be rooted in a power shift arising from the dramatic increase in oil production which has occurred since 1997. In 2004 a plane load of suspected mercenaries was intercepted in Zimbabwe while allegedly on the way to overthrow Obiang. A November 2004 report named Mark Thatcher as a financial backer of the 2004 Equatorial Guinea coup d'état attempt organized by Simon Mann. Various accounts also named the United Kingdom's MI6, the United States' CIA, and Spain as tacit supporters of the coup attempt. Nevertheless,
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