150kg of gold to sell at Wilsons Auctions



2015-10-26 15:34:15

A 150kg hoard of gold confiscated by HM Customs during a foiled attempt to smuggle it into the UK will be sold at Wilsons Auctions in Belfast on October 30.

In total the sale is expected to realise around £2.5m ($3.8m), with each of the individual lots valued at between £200 ($307) and £5,000 ($7,681).

Kevin Newe, a fraud officer at HMRC, commented: 'Our work doesn't stop when a criminal is sentenced - we always look to reclaim their illegal profits for the nation's finances to fund the public services used by everyone.

“By auctioning the gold we seized during the investigation we are moving another step closer to bringing this long and complicated case to a conclusion and ensure justice is fully served.”

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