Browsing: Anti-corruption

Fleet of luxury cars including Ferraris and Lamborghinis worth more than $20m are sold at auction after Swiss authorities seized them from son of Equatorial Guinea’s president in money-laundering probe.
• Auction house in Switzerland sells off 25 luxury sports cars including rare Lamborghini Veneno roadster
• Vehicles were seized from son of Equatorial Guinea’s president of 40 years, Teodoro Obiang

On February 7, the Federal High Court in Lagos issued a warrant for the arrest of Ayodele Oke, former director general of the National Intelligence Agency (NIA), and his wife Folasade following an application by the Economic and Financial Crimes Commission (EFCC). Just before they were due to appear in court, they apparently left the country for “medical treatment,” and the Nigeria media is not reporting where they are now. The EFCC has declared the couple wanted after their failure to respond to a court summons.