Online auction of gold bullion seized by An Garda Síochána

An online auction of gold bullion which was seized by An Garda Síochána commenced this afternoon, Friday April 17 at 1pm.

The gold was seized by the Dublin Crime Response Team as part of investigations into organised criminal activity in the Dublin Metropolitan Region (DMR) under the Proceeds of Crime Act.

The auction is being facilitated by Wilsons Auctions.

Various quantities of gold, offered in a selection of coins and bars, will be auctioned over the weekend.

The sale forms part of continued efforts by An Garda Síochána to disrupt organised criminal activity by removing the financial benefits of crime.

The net proceeds of the auction will be returned to the Exchequer.

Bidding is open to the public and is online only.

The auction closes at 1pm on Monday, April 20.

Ken Holohan, Detective Inspector based in the DMR, said: “Recovering and returning the proceeds of crime is a key part of disrupting organised criminal activity. This auction ensures that seized assets are processed transparently, and all funds ultimately go back to the state, where they belong.”

Interested bidders can view the full auction catalogue and all information by visiting www.wilsonsauctions.com.

The auction is open to the public and individuals can register to bid via the Wilsons Auctions website.