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Super Cars Seized From Son Of Equitorial Guinea President Sold For ₦10 Billion

An auction house in Switzerland has sold 25 luxury cars including Ferraris, Rolls-Royces and Lamborghinis that Geneva authorities seized from the son of Equatorial Guinea's president in a money-laundering probe.

Swiss authorities say the sale Sunday by auctioneer Bonhams fetched £21.9 million, with the proceeds going to a charity to benefit the people of oil-rich Equatorial Guinea.

The sale took place at the Bonmont Golf & Country Club in Cheserex near Geneva, Switzerland.


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