{"id":41750,"date":"2025-10-05T09:55:09","date_gmt":"2025-10-05T07:55:09","guid":{"rendered":"https:\/\/www.italpassion.fr\/?p=41750"},"modified":"2025-10-05T09:55:09","modified_gmt":"2025-10-05T07:55:09","slug":"collection-of-ferraris-and-lamborghinis-seized-from-the-vice-president-of-equatorial-guinea-switzerland-to-return-24-million-euros-to-the-country","status":"publish","type":"post","link":"https:\/\/www.italpassion.fr\/en\/ferrari\/collection-de-ferrari-et-lamborghini-saisies-au-vice-president-de-la-guinee-equatoriale-la-suisse-rendra-24-millions-deuros-au-pays\/","title":{"rendered":"Ferrari and Lamborghini collection seized from vice-president of Equatorial Guinea: Switzerland to return 24 million euros to the country!"},"content":{"rendered":"
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It all began in Geneva in 2016. Swiss prosecutors launch a money-laundering investigation into Teodoro Nguema Obiang Mangue, known as Teodorin, Vice-President and son of the President of Equatorial Guinea. They soon discovered a garage that looked more like a rolling museum than a private collection: 25 dream cars, neatly lined up, including several Ferraris, Lamborghinis and a Maserati.<\/p>\n\n\n\n

Among them is a Lamborghini Veneno Roadster, of which only nine have been produced worldwide, and valued in the millions. Alongside it, a Ferrari Enzo, a LaFerrari, a 599 SA Aperta... In short, a collection worthy of a billionaire with a passion for Italian cars, but financed, according to the judges, with embezzled money.<\/p>\n\n\n\n

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A very special auction<\/h2>\n\n\n\n

In September 2019, these seized cars will be auctioned by Bonhams, at the Ch\u00e2teau de Bonmont, near Geneva. The cars are offered with no reserve price: a risky gamble... but one that will pay off.<\/p>\n\n\n\n

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In the hall, collectors battle it out. The Veneno Roadster fetched 8.28 million Swiss francs, setting an all-time record for Lamborghini at the time. The Ferrari Enzo sold for over 3.1 million francs, the LaFerrari for over 2.1 million and the Revent\u00f3n Roadster for almost 2 million. Even more \"affordable\" models, such as a Ferrari Testarossa or a Maserati 4200 GT, found buyers. All in all, the sale fetched 23.4 million Swiss francs (approx. \u20ac21.6 million), well above estimates.<\/p>\n\n\n\n

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And after the sale?<\/h2>\n\n\n\n

At the time, Switzerland promised that the money would somehow be returned to the people of Equatorial Guinea, a country rich in oil but where poverty remains endemic. Six years later, the promise has been kept: in September 2025, the City of Berne confirmed the return of 22.8 million Swiss francs, or just over 24 million euros. The money will be used in a health cooperation project, under international supervision, to ensure that it actually benefits citizens.<\/p>\n\n\n\n

This affair is far from having discouraged the vice-president, as he regularly shares his latest supercar acquisitions on his Instagram account, including a Lamborghini Centenario and a Pagani.<\/p>\n\n\n\n

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A publication shared by Teodoro Nguema (@teddynguema)<\/a><\/p><\/div><\/blockquote>\n