Sunday, September 29, 2019

Where did the government get the money to pay for these toys if the country is destitute...illegal use of welfare

Luxury cars seized from vice president Teodorin Obiang Nguema are expected to fetch $18m at Geneva auction

A Lamborghini Veneno Roadster at an auction preview in Cheserex near Geneva.
 A Lamborghini Veneno Roadster at an auction preview in Cheserex near Geneva. Photograph: Denis Balibouse/Reuters
A collection of luxury cars seized from Equatorial Guinea’s vice president, Teodorin Obiang Nguema, will be auctioned off in Switzerland and are estimated to bring in 18.5m Swiss francs ($18.7m).
“This is an exceptional sale,” Philip Kantor, of British auctioneers Bonhams, told AFP. “It’s a private collection of supercars, with very low mileage.”
Among the cars to go under the hammer at a Geneva golf club on Sunday are seven Ferraris, three Lamborghinis, five Bentleys, a Maserati and a McLaren.
The most expensive lots are a Lamborghini Veneno Roadster, valued at between 4.8m and 5.7m euros ($5.2-6.2m) and a yellow Ferrari hybrid at 2.4-2.6m euros.

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