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Supercars Seized From African Dictator's Son, Again, Will Be Auctioned for Estimated $13 Million
Supercars Seized From African Dictator's Son, Again, Will Be Auctioned for Estimated $13 Million-November 2024
2024-02-19 EST 22:09:42

Image for article titled Supercars Seized From African Dictator's Son, Again, Will Be Auctioned for Estimated $13 Million

The of our favorite is back in the news once more. The cars are hitting the auction block in September, so you could get a shot at owning a piece of gross exploitation of a local populace all to yourself very soon.

In 2016, it was that the Vice President of Equatorial Guinea, —the son of African dictator Teodoro Obiang Nguema Mbasogo—had had 11 supercars seized in a raid in Geneva. And now it seems like those cars are being auctioned off at no reserve at a , happening on Sept. 29.

The cars offered will include a McLaren P1 ($1.5 million to $1.8 million), a Koenigsegg One:1 ($1.8 million to $2.4 million), a Lamborghini Veneno ($5.3 million to $6.3 million) and a cheapo Bugatti Veyron ($720,000 to $920,000).

Image for article titled Supercars Seized From African Dictator's Son, Again, Will Be Auctioned for Estimated $13 Million

What’s interesting about this auction is that it’s being offered by the State of Geneva. The 25 cars in the auction did once once belong to Obiang Mangue, but were seized when he was put under investigation for charges of money laundering and unfair management of public interests, . (The case was dismissed.)

The cars have been ordered to be sold, and all profit earned from the sales will go toward social programs that help the people of Equatorial Guinea. So, there is some rightful justice in this after all.

Hilariously, this is at least the second time something like this has happened to Obiang Mangue. In 2011, he got , which were later in 2013.

I guess some people just don’t learn.

via

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