Switzerland: Swiss seize 11 cars in probe of Equatorial Guinea’s VP

Author(s): UNK | Date: November 2, 2016 | Language: English
Source: http://www.todayonline.com/ | URL: https://goo.gl/gciEik | Type: Text

Swiss authorities said on Thursday they had confiscated 11 luxury cars as part of criminal proceedings opened against the son of Equatorial Guinea’s longtime leader on suspicion of money laundering.
Through his lawyer, 47-year-old Teodorin Obiang, who is also the small central African country’s vice president, denied that the vehicles – which include a Bugatti, several Ferraris and a rare Koenigsegg sports car – belonged to him.
Obiang is the eldest son of 73-year-old President Teodoro Obiang Nguema Mbasogo, who has ruled Equatorial Guinea for nearly four decades since a 1979 coup. He was re-elected in April.

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