President Obiang Nguema Mbasogo of Equatorial Guinea arranged for a donation of several million dollars to UNESCO to support this prize to be awarded in his name. The Organization initially decided to accept the gift and establish the prize. However, there was an international movement led by a number of non-governmental organizations against UNESCO honoring President Obiang with a large prize bearing his name. The Director General of UNESCO proposed that the Executive Board reconsider the award, and that Board decided to delay the award process until consensus could be achieved. The issue is again being brought before the Board.
http://unesdoc.unesco.org/
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