A collection of ultra-expensive supercars worth $13 million, seized from the extravagant vice president of Equatorial Guinea as part of a corruption probe, will be auctioned in Switzerland later this year.
Swiss authorities took the luxury stash of 11 vehicles from Teodoro Nguema Obiang Mangue, the son of the central African nation’s longtime leader, in 2016 after an investigation into money laundering.
Among the set is a roadster version of the Lamborghini Veneno adorned with the colors of the Italian flag — one of just nine produced to celebrate the manufacturer’s 50th anniversary — which has an eye-popping estimate of more than €4.5 million ($5.1 million).
The cars have a combined estimate of $13 million. Credit: Bonhams
A limited edition LaFerrari with an estimate of up to €2.5 million is also up for grabs, while a 1,300-horsepower Koenigsegg One:1 — of which just seven were ever produced — is expected to fetch up to €2 million.
Also in the collection are a McLaren P1, an Aston Martin One-77 and a Bugatti Veyron. None of the cars has racked up more than a few thousand miles.
Geneva police seized the fleet from a cargo area in the city’s airport in 2016 after criminal proceedings were opened against Obiang, whose expensive tastes have been the subject of probes by authorities in several countries.
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His father, President of Equatorial Guinea Teodoro Obiang Nguema Mbasogo, seized power in a 1979 coup and is the longest-serving head of state on the continent. He appointed his son as his deputy in 2016.