25 supercars were sold at Bonhams auction on September 29, including the 2014 ice cream-white Lamborghini Veneno for $8.4 million.
As one of nine produced for this limited edition, the Lamborghini Veneno of Vice President Teodoro Nguema Obiang Mangue - also the son of President Teodoro Obiang, who ruled for four decades in the equatorial Guinea - has only run 325km, and has an official maximum speed of 359km/h - AP quoted information from Swiss auctioneer Bonhams.
The auction comes after Geneva's prosecutor's office announced in February that it had closed the lawsuit with Teodoro Nguema Obiang Mangue and two others following an investigation into money laundering and public asset management.
The Swiss authorities seized the cars and a yacht in 2016. The cruise ship was later released under a deal in which Guinea Xu did agree to pay the Geneva government $1.3 million "to cover the cost of procedures".
Other cars sold at the Domaine de Bonmmont golf club in the suburbs of Geneva include a yellow 2003 Ferrari Enzo worth $3.1 million and a 2015 Koenigsegg One worth $4.6 million.
A 1998 limousine Rolls-Royce Silver armored car is described as "perfect for anyone with an enemy" for sale at $86,250.
The son of President Guinea Xiddy, who is also the Vice President of the country, has been investigated in several other cases. Last year, Brazilian authorities said the $16 million in undeclared money and luxury watch of the delegation led by Teodoro Nguema Obiang Mangue had been confiscated. This could be part of the Guineas corruption efforts.
A Paris court also sentenced Teodoro Nguema Obiang Mangue to embezzling millions of dollars in public funds in 2017 despite the case being appealed.
The Geneva Prosecutor's Office in February cited the regulations allowing prosecutors to end cases where the defendant "had remedied damages or did everything possible to compensate for the mistakes caused".
The equatorial Vice President Guinea-Bright investigation involved US authorities, the Cayman Islands, France, Monaco, Denmark, the Netherlands and the Marshall Islands.
