Cops seize 11 supercars including Bugatti, Ferraris and Koenigsegg 'belonging to Equatorial Guinea president's son' amid laundering probe

Teodorin Obiang denied the vehicles belong to him and claims he amassed his vast wealth legitimately
Two Ferrari sports cars are taken away by investigators


Cops have seized 11 supercars from the son of the Equatorial Guinea president's son as part of an investigation into money laundering.

Swiss authorities swooped on the cars - which include a Bugatti, several Ferraris and a rare Koenigsegg sports car - earlier today.


Through his lawyer, 47-year-old Teodorin Obiang, who is also the small central African country's vice president, denied that the vehicles belonged to him.

Obiang is the eldest son of 73-year-old President Teodoro Obiang Nguema Mbasogo, who has ruled Equatorial Guinea for nearly four decades since a 1979 coup.

He was re-elected in April.

Switzerland had previously been asked for help by French justice officials, who plan to put the younger Obiang on trial for suspected money laundering.

Obiang, who as vice president is in charge of defence and security affairs, denies any wrongdoing.
Teodorin Obiang, the son of the Equatorial Guinea President

"The Geneva public prosecutor confirms the opening of criminal proceedings against Teodorin Obiang.

"The latter is accused of money laundering," the prosecutor's office said in an e-mailed statement.

"As part of the procedure, 11 vehicles were effectively sequestered in the cargo area of Geneva airport on behalf of the prosecution," it said.

Obiang has previously said his wealth, which has enabled him to buy luxury real estate in Paris, a private jet and exotic sports cars, was amassed legitimately.

Contacted by Reuters, Obiang's lawyer in Paris said the cars seized in Switzerland did not belong to his client.

"These are not his vehicles," Emmanuel Marsigny said.


A trial date is currently being decided in France and a source close to the matter said it could come as soon as January 2017.
The cars seized by Geneva police were:

Bugatti Veyron 
= 1
Ferraris = 4 (Enzo and 599GTB) Porsche 918 Spyder = 1
Lamborghini Veneno = 1
Maybach = 1
Koenigesegg, = 1 
Aston Martin = 1
McLaren P1 = 1  

The Geneva prosecutor's office said.

Equatorial Guinea, an oil producing former Spanish colony, has urged judges at the United Nations' highest court to order France to halt the proceedings against its vice president on the charges of money laundering and corruption.

Obiang is claiming diplomatic immunity, but a French court ruled that the charges relate to his private life in France and not to his official functions.