A collection of 25 supercars seized from Equatorial Guinea's vice president...
GENEVA - A collection of 25 supercars seized from Equatorial Guinea’s vice president as part of a Swiss money-laundering probe fetched nearly 27 million Swiss francs at an auction held by Bonhams on Sunday.
“The top lot of the collection and rarest of all, one of only nine built and introduced for the 50th anniversary of Lamborghini,” said James Knight, group chairman of Bonhams Motoring Department, as he opened bidding. Known as Teodorin, he is the son of President Teodoro Obiang Nguema Mbasogo, who has ruled Equatorial Guinea for 40 years. Rights groups label his administration as one the world’s most corrupt.
A gray armored 1998 Rolls Royce Silver Spur in need of repair - and described by Knight as “perfect for someone who doesn’t have any friends or has enemies” - went for 86,250 francs.
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