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Luxury Cars Seized His Teodorin Obiang of Equatorial Guinea Dictator Sold in Paris for 3 1m.
A luxury fleet of cars belonging to the playboy son of an African dictator was auctioned in Paris for 3 1000000 Feb. 7 million after having been seized by the French police investigation into the alleged theft of public funds in Equatorial Guinea .
Among the vehicles sold by the auction house to the French auction were two Drouot, two Bugattis Bentleys, a Rolls-Royce, a Ferrari, a Porsche, a Maserati and a Maybach Most had little or no mileage and went for an average of 311,000 each.
The cars were impounded by investigators in 2011 as part of a raid two weeks Teodorin Obiang 80 million mansion with 101 rooms close to the Champs Elysees in the good maize acquired or gains ill-gotten investigation into the alleged theft of billions of dollars of public funds by African despots and their families.
The authorities have an extensive list of luxury items in the house, including paintings by Degas and Renoir, some vintage wines the most expensive in the world, as well as jewelry and antiques.
An arrest warrant was issued for 43 years Obiang, son and heir of Teodor Obiang, head of Equatorial Guinea's oil-rich.
According to French court documents, in November 2009 Teodorin Obiang imported 26 luxury cars in the United States to France for 12m 7 4m They included seven Ferraris, four Mercedes-Benz, five Bentleys, four Rolls-Royce, two Bugattis, a Aston Martin, Porsche, Lamborghini and Maserati.
He then transported many of these vehicles in Equatorial Guinea, although most roads being negotiable dirt roads by four-wheel drive in the country.
After following his accounts, authorities seized the house of Obiang and property when they found that it had been bought using the money tranferred state funds.
The government of Equatorial Guinea has tried to block the investigation, claiming that the house of Obiang was part of the embassy of the country, and therefore protected by diplomatic immunity.
Teodorin Obiang was recently second vice president of the country, with his lawyers arguing that this makes his indictment by the illegal French authorities.
However, in a landmark decision, the French judges have recently decided that diplomatic immunity does not extend to goods purchased by the theft of public funds.
Obiang apply that judgment set aside and the property is returned in a call for France to Court of Cassation, but the decision has prompted prosecutors to step up the investigation of other African despots with significant assets in Paris, including the President of Gabon, Ali Bongo Ondimba and the President of Congo - Brazzaville, Denis Sassou Nguesso.
The lawsuits were originally brought by two NGOs and the Association of Congolese citizens abroad, but the government while President Nicolas Sarkozy refused to continue before the Court of Cassation quashed the government dramatically in 2010 and ordered the state's investigators to pursue the charges.
Bourdon told The Independent, I got so many threats and insults and defamation actions that I sometimes wish I'd never brought the matter But my spirits revived when I remember hundreds and hundreds of messages we received Africans saying, you have given us hope that for the first time please continue, continue, continue.
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Luxury Cars Seized His Teodorin Obiang of Equatorial Guinea in Paris Dictator Sold €, luxury cars seized, Equatorial.