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