The News
The News
Wednesday 03 of March 2021

Geneva: 11 Cars Seized Property of Son of Equatorial Guinea President


Two Ferrari sports cars are being towed off the freight zone by the police at Geneva Airport, in Geneva, Switzerland, on Thursday, Nov.3  2016.,photo: AP/Laurent Gillieron
Two Ferrari sports cars are being towed off the freight zone by the police at Geneva Airport, in Geneva, Switzerland, on Thursday, Nov.3 2016.,photo: AP/Laurent Gillieron
The cars belonging to Teodorin Obiang were confiscated Monday in the freight zone at Geneva's airport, said Henri Della Casa, spokesman for the Geneva prosecutor's office

GENEVA — Eleven luxury vehicles and sports cars belonging to the son of Equatorial Guinea’s president have been seized in Geneva as part of a preliminary investigation into alleged corruption, authorities said Thursday.

L’Hebdo magazine reported on its Web site that the vehicles included a Bugatti Veyron valued at 2 million euros ($2.2 million), and a Swedish-made Koenigsegg One:1. Koenigsegg spokesman Steven Wade said only seven of those models have been produced at a base price of $2.8 million.

Vincent Derouand, another spokesman for the prosecutor’s office, provided a list of the seized vehicles later Thursday that also included at least three Ferraris, a McLaren P1, and an Aston Martin One77.

Obiang is facing a preliminary investigation in Switzerland in connection with a case in neighboring France, where he faces trial for alleged misspending of public funds.