Bling it on: African dictators face crackdown on ill-gotten gains

World

Bling it on: African dictators face crackdown on ill-gotten gains

Forced sale of Teodorin Obiang’s cars is part of an unprecedented bid to plug splurging of stolen cash

Adrian Blomfield

Judging by the fleet of supercars parked in the grounds of Geneva’s Bonmont Golf and Country Club last Sunday, Teodorin Obiang was not overly fussed by the size of his carbon footprint.

There were 25 in total, representatives of every luxury model conceivable, just a portion of the automobile collection amassed by the pampered son of the president of Equatorial Guinea.

By the end of the day, the collection had gone for nearly £22m (R408m). His Lamborghini Veneno Roadster, sold for £6.8m, would go down in the record books as the most expensive Lamborghini yet auctioned...

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