
Credit Bonham’s
A collection of luxury supercars seized from the extravagant vice president of Equatorial Guinea as part of a corruption probe were auctioned in Switzerland on Sunday.
The sale — organized by London-based auction house Bonhams — saw 25 vehicles sold that once belonged to Teodoro Nguema Obiang Mangue, the son of the central African nation’s longtime leader.
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Swiss authorities confiscated the luxury stash of vehicles from Obiang in 2016 after an investigation into money laundering. All the cars were sold without a reserve price and none had racked up more than just a few thousand miles