Luxury Cars Seized From African Leader’s Son Are Auctioned in Geneva

A fleet of supercars said to have been seized by the Swiss authorities in a money-laundering investigation from the son of the leader of Equatorial Guinea was auctioned on Sunday in Switzerland, the International New York Times reported. The vehicles were among 25 luxury cars sold for more than $27 million at Bonhams auction house, according to The Associated Press, in what Bonhams called a “very special sale.” Beforehand, the cars had been estimated to bring in more than 12 million euros, or $13 million. “The cars represent an international roll call of prestige and performance marques,” with models from Aston Martin, Bentley, Bugatti, Ferrari and Lamborghini, Bonhams said in a statement. Read more