Cars

LaFerrari, One:1 among supercars of Equatorial Guinea leader’s son to be sold without reserve

A collection of cars including the crème de la crème of supercars and hypercars is headed to auction, and without a reserve. The cars previously belonged to Teodoro Nguema Obiang Mangue, the son of Equatorial Guinea President Teodoro Obiang Nguema Mbasogo, but were seized by Swiss authorities in 2016 as part of a wider investigation by French authorities over Mangue’s alleged misappropriation of state funds. He was eventually found guilty of embezzlement following a French trial in 2017. Highlights of the collection include an Aston Martin One-77, Bugatti Veyron, Ferrari…

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