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N3.8 billion worth of supercars seized from son of African President in Switzerland.
The Swiss police has seized supercars worth $8 million (N3.8 million) from Teodoro Nguema Obiang Mangue. Mangue is the Vice President of Equatorial Guinea as well as the son of the Country’s president, Teodoro Obiang Nguema Mbasogo.
The following cars were seized after a raid in Geneva: A Bugatti Veyron, Koenigsegg One:1 and a Lamborghini Veneno Roadster.
The amazing thing is, this is not the first time Mangue’s supercars have been seized. In 2011, the French police seized 11 of his cars in Paris, including two Veyrons, a Maserati MC12, a Porsche Carrera GT, a Ferrari Enzo, a Maybach, a Rolls-Royce Phantom and a Ferrari 599 GTO. That is an estimated $4.1 million in cars. Later on in 2012, his Parisian mansion was seized by police as well.
This is due to a corruption investigation which claims his father has enriched himself with his country’s oil money.
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