Zambian authorities confiscate ₦1.02b Bugatti Veyron, investigate owner’s source of income

02/29/2020

Posted by: Oluwaseun Adeniji

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The Zambian authorities have seized a ₦1.02b Bugatti Veyron hypercar on the suspicion of a possible breach of money laundering laws.

According to a new report, a Bugatti Veyron with an estimated price of $2.8 million (₦1.02b), was seized recently by the Zambian authorities in the pursuit of knowing what the owner does for a living. The super-expensive hypercar was said to have arrived on 24 February 2020 through the Kenneth Kaunda International Airport.

image-of-zeized-buagtti-veyron-in-zambia

A highly expensive Bugatti Veyron worth ₦1.02b  has been seized in Zambia by the authorities

On Wednesday 26 February, the Drug Enforcement Commission in Zambia released an official statement regarding this latest confiscation. From what we hear, the agency is currently running an investigation of the source of income of the owner of this expensive speedster, in order to avoid any breach of laws pertaining to money laundering.

The statement reads:

image-of-DEC-statement-on-bugatti-veyron-seizure-in-zambia

Official released statement from the Drug Enforcement Commission in Zambia prior to the confiscated Bugatti Veyron 

>>> Bugatti hypercars have seen a lot of activity recently into the continent of Africa. See the Shocking moment a ₦1.2b Bugatti Chiron entered Defense headquarter in Zimbabwe

image-of-zambian-authority-confiscate-bugatti-veyron

The confiscated ₦1.02b Bugatti Veyron will remain in the custody of Zambian authorities pending the end of investigations

The Bugatti Veyron comes fitted with a W16 8.0-liter engine with a generative output of 987 horsepower and 922-pound feet of torque. It can accelerate easily from zero to 60 mph in a cool 2.4 seconds. Its powerful engine is fitted is mated to a 7-speed dual-clutch and a peak speed of 252.9 mph. The insanely fast Bugatti Veyron weighs 4.147lbs.

A Bugatti That Is Turning Heads in Zambia

Seems the owner, if innocent of any charges, may have to wait a bit longer to be cleared of any crime before he can start cruising in his speedster on the Zambian roads.

>>> Check out our news section for other car news updates and trends

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Oluwaseun Adeniji

Oluwaseun Adeniji

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Oluwaseun Adeniji is a passionate writer and a poet with special interest in writing about cars. He is a master degree holder in international conflict and management. He enjoys feeding the public with the latest auto gist and well researched car reviews. He is also a strong football lover. So, if Oluwaseun is not writing, expect him to be reading about sports.

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