Twenty-five luxury cars from Teodorin Obiang will be auctioned off for 21.6 million euros

The fastest car in the historiaIncautan the son of Obiang $ 16 million that was intended to introduce in Brazil despite the fierce opposition of the authoritie

Twenty-five luxury cars from Teodorin Obiang will be auctioned off for 21.6 million euros
The fastest car in the historiaIncautan the son of Obiang $ 16 million that was intended to introduce in Brazil

despite the fierce opposition of the authorities of Guinea, twenty-five cars of luxury that belonged to Teodorin Obiang , vice-president and son of the madatario of Guinea, Teodoro Obiang , were auctioned last Sunday, in Switzerland, for € 21.6 million within the framework of an operation against corruption and money-laundering.

the funds from the sale, organized by the house auctioneer british Bonhams, will be detained by the authorities helvéticas and for charities in this african country known for its oil production, being one of the most corrupt in the continent, according to the NGO Transparency International.

The collection of vehicles was sold separately, no minimum price, despite the fact that Guinea requested that the set be attributed to a single collector e tried by all means that is not carried out. Among the cars seized in Switzerland from 2016, they had Lamborghinis, Ferraris, Bentleys and Rolls-Royce.

A private collector whose identity was not disclosed got to take a great number of lots , among which was a famous Lamborghini Veneno Roadster color ivory that was awarded by 7.6 million euros, a price which far exceeded the estimate that has been calculated at 5.7 million euros.

This same buyer pushed successfully by a Koenigsegg One blue and black, model of the that there is in the world, but four copies, and closed the sale of 4.2 million euros. A Austin Martin One-77 red, with the words "hand made in Great Britain for Theodore N Guema Obiang Mangue" was sold for 1.4 million euros.

According to the agreement, completed last February, between the justice of geneva and the authorities of Guinea, the fruit of the sale will be used to finance social works in this country as the swiss ministry of Foreign Affairs which is responsible of controlling that the funds are to be used in the correct way.

Teodorín Obiang, vice-president since 2012, is known for its train of living sumptuous, and his extravagance and his love of collecting mansions, cars, or airplanes. This is not the first time that you have problems with foreign courts, as in 2017, he was sentenced in Paris to three years in prison and a fine of 30 million euros.

Although in this african country the greater part of the population lives under the poverty line, the leaders squander with impudence substantial revenue from crude oil exports. The son of president Teodoro Obiang, known by Teodorín, is 51 years his father's successor and since he directed his first council of ministers in November 2018 .

The sale, held in a well-known golf club, was qualified as being " exceptional because it took the sale of a private collection of supercars, with only a few kilometres away in the counter, or even without the use of ", declared to the press Philip Kantor , director of the department cars Europe house Bonhams.

Until the last moment the government of the guinean tried to cancel it because I feared that it were not going to get optimal results. Finally an agreement was reached between Guinea and Switzerland, in which it is recognized, so implied, that the vehicles were acquired irregularly by the son of african leader.

Date Of Update: 02 October 2019, 12:00