The son of an African dictator had his Supercars seized. Again. see: https://www.yahoo.com/news/11-supercars-worth-more-8-152718548.html
11 Supercars Worth More than $8 Million Seized from Dictators Son in Geneva: https://www.yahoo.com/news/11-supercars-worth-more-8-152718548.html Image Unavailable, Please Login
All the same. It happened Monday 30 October 2016, at Geneva Airport, Switzerland. See thread "Ferrari F12 tdf", as one of the confiscated cars is a yellow tdf. No need for three or four different threads. Marcel Massini
I think it's great that they got them away from the S.O.B. However, it saddens me that these companies will even do business with such an individual.
Chances are, the car manufacturers don't do business with "such an individual", and the cars are purchased/dealt with via a third party. Saying that, the car manufacturers are in the business of selling cars - It's not for them to be the moral Police of the World.
For info, even if the cars seized in Paris have already been sold at auction, the trial after the lawsuits started here in France years ago is only due to start begining january 2017.
So let's review: his entire collection of Supercars is seized in 2011, so, he goes out and purchases another set of Supercars? This guy is persistent, methinks he'll do the same thing yet again, but more discreetly, given the fact that it appears that whilst the authorities are able to track the cars collectively, detaining him appears to be an issue due to diplomatic immunity.
He still has some cars that has escape the different seizures. MC12, 918, F50, diablo, another veyron...
Have you some pictures ? Where did you see it ? I know this shipment of cars belongng to him was spotted a few years ago at Vatry Cargo Airport in France. Ths MC12 is probably the one seized later in Paris http://i30.fastpic.ru/big/2012/0215/ee/14296a87cb47cb2818b9cba19e683aee.jpg http://i30.fastpic.ru/big/2012/0215/82/d6ace90998852a3a7212373cca81b082.jpg http://i30.fastpic.ru/big/2012/0215/ef/b469200a6e6f80437478b1b2871dd3ef.jpg http://i30.fastpic.ru/big/2012/0215/65/d961875a4417542a28f5c9a66a3b1965.jpg
I assume the lawsuits were civil not criminal and the trial is criminal? Not sure how they can sell any assets if there has been no criminal conviction. Unless the civil lawsuits are concluded and damages awarded and cars sold to pay awarded damages? But then French law is likely completely different than US law.
Yes completely differennt system. But for his case, it's more like criminal case. The lawsuit against him is for "corruption, embezzling public funds, misappropriation of corporate assets, and breach of trust". He risks up to 10 years in jail according to french law. And, french law allows the state to sell seized items before the end of the procedure.
I'm not 100% OK with those seizures... First because if you want to do justice, you do it for everybody, so all the Oil Sheicks belongings should be seized in the same manner. (Guinea don't buy hundred of billions in High Tech weapons... that's probably a very important factor). Secondly because Guinea is a sovereign state, he should be responsible in front of his people, and only in front of his people. Can you imagine An african country seizing properties of Berlusconi, of Balkany (Corrupted french politician) or Hillary Clinton because they suspect it could have been bought with black money ? I see it a like some colonial condescension ... Yes Guinea is a dictature, and the dude probably stole the money. But its not our role to decide if it's wrong or bad. Only the Guinean People can decide. And a dictator can be overthrown by an angry people, see the Arab Spring. So let Guinea deal with it. Anyway... Thomas, do you have a link to his Instagram account ? https://www.youtube.com/watch?v=ZjMxhyOJL_Q Here is a Video of a French TV documentary from 1998 about him. You can see the Yellow F50 at the begining. Probably the same car shown in the airport warehouse in post #38 For french speaking people
Very good point but our governments are just doing it to show that they're "tackling corruption" while underneath the surface a lot more is going on and they're all part of it.
Some of the stories I read of this guy... he comes off as a really nasty individual. Confiscating his cars and hopefully making this guy spend his life in jail is the least they can do :\
Imho, if the Syrian people want a revolution, it is up to them to organise it and choose a different leadership. Who else can decide what is the correct government. With Syria, Arab spring etc there is plenty of evidence there were external factors at play. As for this guy's collection, it is probably good that the authorities say that their country should not play a role in his wealth export/laundring actions. I would be interested in where the proceedings from the auctions go to though.
I don't want to distract the thread too much, but having lived in Africa (Rwanda/Botswana and South Africa), the governments often don't even allow businesses to create new ways of making money, creating jobs etc. Unless you grease the right palms. Dealt with it for plenty of years, but it simply won't happen unless you pay them with big bags of money. The poorer the country the worse they are with bribes. Africa could, and should, be the richest continent out there.