a LaFerrari, a McLaren P1, a Bugatti Veyron, an Aston Martin One:77, a Koenigsegg One, and one of only nine $4.5 million Lamborghini Veneno Roadsters built, all of which were seized from the collection of Vice President Mangue, the son of the country’s sitting president Mbasogo, who took power following a 1979 coup) was also convicted of embezzlement by a French court in 2017.
Mangue apparently put the current collection together after an earlier group of superstar cars—two Veyrons, a Porsche Carrera GT, and a Ferrari Enzo—were seized by the French government in 2011 and sold at auction in 2013 for $4 million.
Bonhams is handling sale, which is slated for September 29 in Geneva.
Mangue was storing his cars in Switzerland when the Swiss government seized the 25-car collection, he is up against international corruption and money laundering charges.
The government of Equatorial Guinea subsequently claimed that some of the cars were not Obiang Mangue’s personal property, but instead were state assets sent to Switzerland for repairs.
The price of settling the case with the Swiss, according to a Geneva court ruling, was the surrender of the entire garage for sale, with proceeds going toward charities benefiting the people of Equatorial Guinea.
https://www.hagerty.com/articles-videos/articles/2019/07/02/supercar-collection-seized-headed-public-auction
https://www.foxnews.com/auto/politicians-13-million-supercar-stash-seized-in-money-laundering-probe-to-be-auctioned-for-charity
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