May 15, 2024
Four multi-million dollar Bugatti Veyrons were seized by German police over the weekend, with reported links to a fraudulent foreign fund.

German police have seized four ultra-rare, limited edition Bugatti Veyrons which could be linked to a Malaysian embezzlement investigation.

Tabloid news outlet Bild reports the four Veyrons were seized from the Motorland car museum in Munich, where the hypercars were being stored.

Each of the four examples were from the “Les Légendes de Bugatti” model line, which celebrated important figures in the company’s history. 

A total of 18 examples across six nameplates were built, with the cars involved in the raid comprising the Rembrandt, Black Bess, Jean-Pierre Wimille and Meo Constantini editions.

Based on the convertible Veyron Grand Sport Vitesse, each of the special edition models cost between €2.09 million and €2.35 million when new in 2013 – equivalent to approximately A$2.75 million to A$3.1 million at the time.

According to information sourced by Bild, the four vehicles are linked to Malaysia’s “1MDB” sovereign wealth fund.

Originally intended to strengthen the country’s economy, 1MDB soon became the focal point of an embezzlement scandal, with long-serving Prime Minister Najib Razak found to have drawn 2.67 billion Malaysian ringgit (A$855 million) from the fund for his personal accounts – resulting in a 12-year jail sentence.

It’s not yet clear as to who owns the four Bugattis, nor what punishment they will face for purchasing the hypercars with alleged proceeds of crime.

All examples of the Bugatti Veyron Grand Sport Vitesse are powered by a quad-turbo, 8.0-litre W16 engine, producing up to 882kW of power and 1500Nm of torque.

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