Swiss to auction 25 super cars seized from E. Guinea leader’s son

Credit to Author: Tempo Desk| Date: Sun, 29 Sep 2019 06:07:12 +0000

HESEREX, Switzerland (AFP) – A collection of luxury cars seized from Equatorial Guinea’s vice president Teodorin Obiang Nguema will be auctioned off in Switzerland on Sunday and are estimated to bring in 18.5 million Swiss francs ($18.7 million or about P970 million).

“This is an exceptional sale,” Philip Kantor of British auctioneers Bonhams said. “It’s a private collection of super cars, with very low mileage.”

Among the cars to go under the hammer at a Geneva golf club are seven Ferraris, three Lamborghinis, five Bentleys, a Maserati, and a McLaren.

The most expensive lots are a Lamborghini Veneno Roadster, valued at between 4.8 million and 5.7 million euros ($5.2-6.2 million or about P270 million) and yellow Ferrari hybrid at 2.4 to 2.6 million euros (P136 million).

The
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