black 2004 Bentley Arnage, a cream 2005 Bentley Continental R from MG Rover Cape Town and a 2005 Lamborghini Murcielago, although some assets may soon be forcibly auctioned due to his failure to pay a South African businessman. American law enforcement officials believe that most or perhaps all of his wealth comes from corruption connected to oil and gas reserves in Equatorial Guinea. Nguema's foreign interests include two houses in South Africa, worth a combined R50,000,000, a $31,000,000 compound in Malibu, California, US, a home on Avenue Foch in the affluent 16th arrondissement of Paris, and the hip hop music record label TNO Entertainment. In 2008 he owned one of the 30 models of the Bugatti Veyron 16.4 sports car (estimated at 1,100,000 €) and a Maserati MC 12 at 700,000 €. He went on to purchase another Bugatti Veyron, and tried to purchase a third. In late 2011, both Veyrons, as well as nine other cars he owned, were seized by French police investigating corruption. In July 2013, the confiscated goods were sold at auction. On 19 January 2013, Nguema's father Teodoro Obiang arrested Roberto Berardi, an Italian building contractor, active for 20 years in Africa. After working in Cameroon, Berardi had formed a construction company with him, but discovered some strange operations on the current account and asked for an explanation. A few hours later, the Italian contractor was arrested on charges of fraud and embezzlement. Berardi was fined 1.2 million euros and jailed. No charges were brought from Italy against Obiang. Berardi was released on 14 July 2015 after more than two years of detention, including 18 months in solitary confinement. On 18 October 2016, Swiss prosecutors opened an investigation on Nguema after he landed eight times in Geneva. French authorities had asked them for judicial assistance. He eventually reached an accommodation with the Swiss, letting them sell his seized luxury cars, valued at 18.5 million Swiss francs, and the payment of 1.3 million Swiss francs. On 27 September 2019, in an auction organised by British auctioneers Bonhams, 25 luxury cars were sold for 23.4m Swiss francs. On 14 September 2018, Nguema flew on an official plane to Brazil with other 9 passengers and had some of their 19 bags searched by the Brazilian border police in Viracopos-Campinas International Airport. They found approximately US$1.4 million in cash and 20 watches with estimated value of US$15 million. Embezzlement