News February 27, 2020 at 11:30 am

Zambia seizes $3m Bugatti over possible money laundering

Novieku Babatunde Adeola | Staff Writer

Novieku Babatunde Adeola February 27, 2020 at 11:30 am

February 27, 2020 at 11:30 am | News

Photo: allAfrica

Authorities in Zambia have confiscated a Bugatti Veyron that was imported into the country early this week, pending investigations into possible money laundering.

According to state investigators, the vehicle was seized after they had received “numerous concerns” from the public. 

“The vehicle has since been seized as investigations are being conducted,” Zambia’s Drug Enforcement Commission said in a statement.

“Following the concerns raised, the commission is making follow-ups to ensure that the purchase of the motor vehicle is not in breach of any money laundering laws,” the statement said.

Image result for bugatti spotted in zambia
Photo: Twitter

After news broke that the car had been seized, social media reacted angrily, urging authorities to release the vehicle since the owner had paid all taxes relating to its clearance.

The supercar which arrived on Monday costs between $2 million to $3 million.

One of the rarest cars on the road today, the Bugatti Veyron follows the Bugatti Chiron and Divo.

The car is owned by South African-based Zimbabwean businessman, Ian Chamunorwa Nyarungwe Haruperi, Auto Josh reported.

With an 8.0-liter quad-turbocharged W16 engine that makes a whopping 1200 Horsepower, the Bugatti Veyron can do the 0-100 km run in just 2.5 seconds and a top speed of 431.072 km/h (267.856 mph).

Image result for bugatti spotted in zambia
Photo: AutoJosh
Image result for bugatti spotted in zambia
Photo: Auto Josh


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