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
Corruption in Equatorial Guinea are serious tensions within the group, with considerable competition for power and favors. Between 1995 and 2004, much of the money extorted from the people of Equatorial Guinea by the Nguema/Mongomo group was deposited in Riggs Bank in Washington, D.C. According to Human Rights Watch, Riggs had been aware of the level of corruption and human rights concerns in the country. A 2004 U.S. Senate probe determined that Equatorial Guinea's oil-revenues account at Riggs Bank was controlled by three persons: President Obiang, Africa's longest-serving dictator; his son Gabriel Mbega Obiang Lima (who is minister of mines); and his nephew, Melchor