Equatorial Guinea
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 move forms part of a preliminary investigation into alleged corruption. According to an investigative journalist with the L’Hebdo news portal, Francois Pilet, the seizure of the vehicles was in the Swiss capital, Geneva on Monday October 31, 2016.
According to spokesman of the Geneva prosecutor’s office, Henri Della Casa, the cars belonging to Teodorin were impounded specifically in the freight zone at Geneva’s airport.
L’Hebdo displayed photos of the impounded fleet of fast cars which include a Bugatti Veyron, a Porsche 918 Spyder and several models of the Ferrari F12.
Bad day for a dictator: Teodorin Obiang just lost his 11 supercars hidden at Geneva airport https://t.co/8sPbOtg926 pic.twitter.com/GZ1LcQEoA9
— François Pilet (@FrancoisPilet) November 3, 2016
It is not the first time Obiang has had assets seized by an European government, four years ago, France issued an arrest warrant for him and seized his Paris mansion and several of his luxury cars.
French prosecutors in the said case seized 18 luxury cars, sheltered in a huge Paris mansion of 101 rooms. The house was so large that it took ten days for investigators to have it fully searched.
Oil rich Equatorial Guinea is one of Africa’s largest oil exporters, but most of its 740,000 inhabitants are said to be living in poverty. Mr Obiang has yet to release a statement on the issue.
00:45
What next for Safa president Danny Jordaan?
01:01
Russian military advisors in Equatorial Guinea - Reports
02:00
Grand Prix d'Horlogerie de Genève: the 90 competing timepieces on display
01:00
Austrian pilot breaks world's longest wingsuit flight records
01:26
Kenya: High Court issues order halting replacement of Rigathi Gachagua as DP
00:55
Kenya's Ruto nominates interior minister as his new deputy president