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Who owns what? Trying to clean dirty money in the EU
April 19th, 2012
How do you fancy owning two Bugatti Veyrons, the fastest and priciest street car in the world, with a top speed of 250mph and a cost of €1m a pop? Or how about splashing out €18m on art formally owned by French fashion designer Yves Saint Laurent? How about affording all of this on your monthly salary of €3,200? These are just some of the luxuries enjoyed by Teodorin Obiang, eldest son of the autocratic president of Equatorial Guinea, in his position as the country’s agriculture and forestry minister, which were seized by French authorities in February on suspicions...
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