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.”
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