A vice-president of Equatorial Guinea, who reportedly spent £ 199,000 ($ 275,000) on a glove worn by Michael Jackson, is among five people to receive new sanctions "anti -corruption "in the UK.
Teodoro Obiang Mangue is also accused of buying mansions and luxury cars.
The UK Minister for Foreign Affairs Dominic Raab said the new sanctions target "individuals who have lined up pockets at the expense of their citizens.ens ".
The other four targets were Zimbabwe, Venezuela and Iraq.
" UK pledges to fight the scourge of corruption and holding those responsible to account for its corrosive effects "said Mr. Raab.
" Corruption drains the wealth of the poorest nations, keeps their people in poverty traps and poisons the well of democracy. "
Sanctions will see UK impose asset freezes and travel bans to prevent appointees from funneling money through British banks or entering the country.
Mr. Obiang is the son of President of Equatorial Guinea Teodoro Obiang Nguema Mbasogo and was appointed government minister in 1998.
The UK said inquiries and media reports suggested he had spent more than £ 363million ($ 500million) since his appointment, well above hisgovernment laire.
The extravagant spending cited in support of the sanctions by the British authorities allegedly included a $ 100 million mansion in Paris, a $ 38 million private jet, a luxury yacht and dozens of luxury vehicles, including Ferraris, Bentleys and Aston Martins.
The UK said Mr Obiang also holds a collection of Michael Jackson memorabilia, including a glove covered in the $ 275,000 crystal that the singer wore on his 1980s Bad tour.
copyright of theimage image caption Michael Jackson's "Bad Tour " glove was auctioned off in Beverly Hills, California in 2010
Among the other four targets was Zimbabwean businessman Kudakwashe Regimond Tagwirei, who the UK said was profiting from the embezzlement in a way that led to accelerated deflation and increase in the price of basic necessities.
In Venezuela, Alex Nain Saab Moran and Alvaro Enrique Pulido Vargas has been accused by the UK of operating two public programs for poor citizens.
And a pro Le Iraqi provincial governor, Nawfal Hammadi Al-Sultan, has been accused by the UK of embezzling public funds intended for reconstruction efforts. Al-Sultan is currently serving a combined five-year prison sentence in the country.
Over 2% of global GDP is lost each year due to corruption, and corruption increases the cost of doing business for sole proprietorships by up to 10%, according to government figures.
Britain's first round of sanctions under the global anti-corruption sanctions regime came in April, when 22 people allegedly involved in serious corruption cases in Russia, South Africa, South Sudan and Latin America have been targeted.