Friday, 4 November 2016

Swiss authorities seize Nguema's Porsche, Bugatti and Ferraris

As a  part of a preliminary investigation into alleged corruption,11 luxury vehicles and sports cars belonging to Teodorin Obiang Nguema, son of Equatorial Guinea’s president and vice president of the country have been confiscated by Swiss authorities. The seizure of the vehicles took place in the Swiss capital, Geneva on Monday October 31, 2016.  The cars belonging to Teodorin were seized specifically in the freight zone at Geneva’s airport. The seized fleet of fast cars included a Bugatti Veyron, a Porsche 918 Spyder and several models of the Ferrari F12.

Obiang faced something similar by an European government, four years ago, when France issued an arrest warrant for him and seized his Paris mansion and several of his luxury cars.

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