A collection of supercars confiscated from the son of Equatorial Guineas president have been auctioned off in Switzerland. - A collection of luxury cars seized from Equatorial Guineas vice president Teodorin Obiang Nguema will be auctioned off in Switzerland on September 29 2019 and are estimated to bring in 185.
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Chéserex Switzerland AFP A Swiss auction of 25 supercars seized from the playboy son of Equatorial Guineas president fetched 216 million euros 236 million Sunday substantially more than expected.
Swiss auction off seized supercar collection. Well now the Swiss government will be auctioning off the supercar collection as he is placed under investigation for corruption charges and money laundering. This is an exceptional sale Philip Kantor of British auctioneers Bonhams told AFP. They will be auctioned on Sunday to pay.
Swiss authorities confiscated 25 luxury cars from the playboy son of Equatorial Guineas president in 2016. The lot of 25 beautiful collector items includes a. Bonhams is handling sale which is slated for September 29 in Geneva.
The court ordered the supercars to be sold off and the money earned from the sales would be invested in social programs to benefit Equatorial Guinea. A collection of luxury cars seized from Equatorial Guineas vice president Teodorin Obiang Nguema will be auctioned off in Switzerland on Sunday and are estimated to bring in 152 million. In 2016 police in Geneva seized 25 luxury sports cars.
Politicians 13 Million Supercar Collection Seized For Auction. 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. Auction of Obiang Juniors seized cars fetched over 23 million.
A total of 25 cars were auctioned in Switzerland raising a total of R350-million with the majority of the. R350-million Seized Supercar Auction. A collection of luxury cars confiscated by Geneva authorities from a son of the president of Equatorial Guinea is estimated to fetch 185 million Swiss francs 1867 million this weekend.
This collection of 25 super cars belonging to an African dictators playboy son and seized by Swiss authorities are up for grabs at auction. Reuters reports that Swiss prosecutors had in February charged Teodorin with money-related crimes and misappropriation of public property. The money made from the Geneva auction will go to charities helping the poorest people in the tiny West African.
The cars were seized by Swiss authorities as part of an investigation. 27 Million in Confiscated Supercars Sold at Swiss Auction Bugatti Ferrari Koenigsegg Lamborghini and other supercars were confiscated from Equatorial Guineas vice president as part of a. A collection of supercars that were seized from the son of Equatorial Guineas president Teodorin Obiang Nguema was sold off in Switzerland at an estimated price of 187 million about R273 400 000.
The court ordered the supercars to be sold off and the money earned from the sales would be invested in social programs. Bonhams is holding a no-reserve auction in fall 2019 that includes some of the most valuable and sought-after supercars of the past decade. Swiss auction off seized supercar collection.
A fleet of supercars said to have been seized by the Swiss authorities in a money-laundering investigation involving the son of the leader of Equatorial Guinea was auctioned on. Following a complicated series of legal disputes the Swiss government seized and auctioned an exclusive supercar collection belonging to Teoforin Nguema Obiang son of Equatorial Guineas president. A collection of luxury cars seized from Equatorial Guineas vice president Teodorin Obiang Nguema will be auctioned off in Switzerland and are estimated to bring in 185m Swiss francs 187m.
Well now the Swiss government will be auctioning off the supercar collection as he is placed under investigation for corruption charges and money laundering. CHÉSEREX Switzerland - A collection of luxury cars seized from Equatorial Guineas vice president Teodorin Obiang Nguema will be auctioned off in Switzerland on Sunday and are estimated to bring in 185 million Swiss francs 187 million. The Swiss government will auction off an estimated 13M of exotic supercars late this September all of which were seized from the collection of Vice President Teodoro Nguema Obiang Mangue who is up against international corruption and money laundering charges.
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.
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