About 100 vehicles seized by state officials in drug cases - including a Lamborghini, a Porsche and Ducati motorbikes - were put up for auction yesterday by the Office of the Narcotics Control Board, which hopes to raise at least Bt50 million (S$1.9 million) from selling them.
ONCB secretary-general Permpong Chaowalit said that, in accordance to the Measure for Suppressing Narcotic Offenders Act, the agency had asked the Criminal Court to seize assets worth Bt1.9 billion from 4,315 drug suspects.
He said the agency would speedily impound more drug suspects' assets to destroy drug rings' supplies of money.
People were required to place a Bt100,000 deposit in order to attend the auction.
Starting price for the Lamborghini was set at Bt13.5 million and bidding for the Ducatis started at Bt550,000.
The most popular item was a brand new Porsche, which started at Bt4 million and sold for Bt5.5 million.
An informed source said the auction included assets seized from a network based in central Thailand which had a member who jumped bail after being arrested in possession of 3,600 'yaba' pills and 112 grams of 'ice' in 2012.
The suspect was recaptured earlier this year in possession of 1.7 million 'yaba' pills and 36 kilograms of 'ice'.
The network had assets worth Bt20 million seized, the source said.