Equatorial Guinea

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Cars Seized From Leader's Son Auctioned Off for $27M

Money will go to charity to benefit the people of Equatorial Guinea

(Newser) - Car 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...

African Dictator's Son to Build $380M Yacht

Boat worth triple Equatorial Guinea's health, education spending

(Newser) - The son of a West African dictator is having a boat built for himself with a price tag of $380 million—or nearly triple what his country spends on health and education every year, AOL News reports. Teodorin Obiang, Equatorial Guinea’s agriculture minister, makes much more than most in...

Unrelated Obamas Relish Connection

(Newser) - Ordinary citizens who share the last name Obama with the president-elect are seeing goodwill and unexpected perks lately, the Washington Post reports. They might not be able to score Inauguration tickets, but entrance to a swanky nightclub? No problem. Speeding ticket? Fixed. And it’s an exclusive club: The country...

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