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Luxury Cars Seized from African Leader Auctioned

VOA | A fleet of luxury, high-performance cars seized from the son of Equatorial Guinea’s president have been auctioned off for more than $23 million.

The 25 cars were seized by Swiss authorities after an investigation into money laundering. They once belonged to Teodoro Nguema Obiang Mangue, who is also vice president to Equatorial Guniea’s 40-year ruler President Theodora Obiang.

Among the cars sold Sunday were Lamborghinis, Ferraris, Bentleys, Rolls Royces and a McLaren.



A rare white Lamborghini Veneno Roadster, one of only nine built, sold for $8.3million to an anonymous buyer.

Proceeds from the auction will go to a charity to fund social programs in the tiny oil-rich Central African country.

Obiang’s luxury lifestyle has draw foreign ire before. Last year, Brazilian officials seized $16 million in cash and high-end watches from a delegation traveling with Obiang.

He was given a three-year suspended sentence by a French court for spending millions of dollars of public funds on a Paris apartment, a private jet and a fleet of luxury cars.

Earlier, he entered into a $30 million settlement with U.S. authorities who accused him of using looted public funds to buy a California mansion and a vast collection of Michael Jackson memorabilia, including the crystal-encrusted white glove from Jackson’s “Bad” world tour.

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3 comments

  1. Example of a fool, who dies many times before his real death. Does he now
    feel great? How, are the girls who were once beside him feeling? Idiot.

  2. Dictator Biya will SURELY suffer the same fate.

    His bank account will be frozen one day.
    He snubbed the Swiss mediation offer because he was kicked out from the Intercontinental Hotel like a dog. His bodyguards were also sentenced to prison.

  3. Herbs for Healing

    The Swiss have just looted from minor looters and some ignoramus is praising them.

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