Supercars and Hypercars Seized from Dictator’s Son Head to Auction
Among rare, wildly expensive collection being sold by Bonhams is a Lambo Veneno Roadster, Ferrari LaFerrari, and Koenigsegg One:1.
Teodoro Nguema Obiang Mangue once governed Equatorial Guinea was the Vice President. A job he got as the result of good old nepotism, as his father Teodoro Obiang Nguema Mbasogo served as President. While Mangue held the office, he acquired a shocking amount of supercars and hypercars, enough to fill an airplane hangar.
But, Mangue was (obviously) mishandling the country’s funds to line his pockets and fill up his garage. This led to an investigation, and the Swiss government seized Mangue’s assets in 2016, including his fleet of cars, motorcycles, and other vehicles. Ultimately he was found guilty of embezzlement in 2017.
So the bad guys were caught, and sent away. And now their toys are up for auction at Bonhams. And what a toy collection!
The auction will take place on September 29 in Geneva. And 25 of the former dictator’s rides are on the docket. According to The Daily Mail, the Swiss public prosecutor in Geneva has confirmed that proceeds from the car collection will go towards social programs in Equatorial Guinea.
One ride we’ve got our eye on is the Koenigsegg One:1. This is only one of six produced. This hypercar beast is likely to fetch $1.8 million to $2.2 million, at least.
This Lamborghini Veneno is only one of nine roadster versions. This white and cream beauty has only about 200 miles on the odometer! We guess he liked collecting the cars, but apparently most were garage queens.
Some of the other marques include a McLaren P1, Bugatti Veyron, Aston Martin, Bentley, Ferrari, Maserati, Mercedes-Maybach, Porsche and more.
This was the second time that Mangue’s vehicles have been sold at auction. In 2013, assets seized by French authorities were auctioned off. Those assets included a jaw-dropping fleet of cars. That included a Maserati MC12, a Porsche Carrera GT, a Ferrari 599 GTO, a Rolls-Royce, a Maybach, an Aston Martin, two Bugatti Veyrons and pair of Bentleys.
It is estimated that the upcoming auction will bring in over $12 million dollars for the people of Equatorial Guinea. We love seeing justice served.
Photos: Bonhams
