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Eugene

(61,899 posts)
Thu Nov 3, 2016, 07:47 PM Nov 2016

Equatorial Guinea's VP Obiang's cars seized in Switzerland

Source: BBC


[font size=1]These are two of the cars which were seized[/font]

Equatorial Guinea's VP Obiang's cars seized in Switzerland

3 November 2016 Africa

Prosecutors in Switzerland have seized luxury cars belonging to the vice-president of Equatorial Guinea, who they are investigating for corruption.

Teodorin Obiang Nguema, the son of the country's president, is accused of money laundering. He has not commented.

Swiss authorities have seized 11 cars in total.

Among them was reportedly a Porsche valued at more than $830,000 (£667,000) and a Bugatti Veyron which sells for $2m (£1.7m).

The accused is due in court next year in France on similar charges, which he denies.

[font size=1]-snip-[/font]


Read more: http://www.bbc.com/news/world-africa-37861795
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