Fleet of 11 supercars owned by the son of Equatorial Guinea's leader are impounded following claims he plundered his country to buy Michael Jackson memorabilia.
Teodorin Obiang was promoted to vice president in June by his authoritarian father |
The cars belonging to Teodorin Obiang were impounded by authorities at Geneva Airport
The son of Equatorial Guinea's leader has been accused of money laundering, amid claims he plundered his country to buy luxuries including a private jet and Michael Jackson memorabilia.
As part of the investigation by Geneva prosecutors against Teodorin Obiang, authorities impounded 11 cars at the city's airport.
Among them were a Porsche 918 Spyder, valued at more than 750,000 euros (£669,000) and a Bugatti Veyron which sells for in excess two million euros, according to the L'Hebdo news site.
Obiang, 47, was promoted by his authoritarian father Teodoro Obiang Nguema in June to be vice president of the oil-rich west African nation.
Obiang was already set to face trial in France next year on corruption and embezzlement charges, although he is not expected to appear in court.
Obiang's excesses also forced him to forfeit more than $30 million in assets in the United States, where he owned a mansion in Malibu, California.
In announcing the 2014 asset forfeiture deal, the US justice department accused Obiang of 'relentless embezzlement and extortion'.
Eleven super cars belonging to Obiang were impounded at Geneva Airport as part of an investigation into alleged corruption |
Washington said Obiang earned a government salary of $100,000 but amassed a fortune of $300 million 'through corruption and money laundering'.
Among the assets he was forced to give up was a crystal-encrusted glove from Michael Jackson's 'Bad' tour, for which he reportedly paid nearly half-a-million dollars.
Being towed off: Authorities seized the luxury cars during an investigation into the son of Equatorial Guinea's president's son |
Obiang's father seized power in Equatorial Guinea in 1979, making him Africa's longest serving ruler, just ahead of Zimbabwe's Robert Mugabe.
Teodorin Obiang was already set to face trial in France next year on corruption and embezzlement charges |
The country, Africa's only Spanish speaking nation, has become the continent's number three oil producer but experts say the vast majority of the population has not benefitted from the energy revenue boom.
and he love MJ
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