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Supercars taken from African leader's son auctioned for $27M

Supercars taken from African leader's son auctioned for $27MCar lovers from around the world splashed out more than $27 million at an auction Sunday for dozens of luxury cars seized from the son of Equatorial Guinea's president in a Swiss money-laundering probe. The 25 lots sold by auction house Bonhams included a white-and-cream 2014 Lamborghini Veneno roadster that cost the buyer 8.28 million Swiss francs ($8.4 million), comprising a 15% premium for the auction house but with potential taxes still to be added. Total proceeds from the sale beat the 18.5 million francs ($18.7 million) that authorities had hoped to fetch for a charity to benefit the people of oil-rich Equatorial Guinea.


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