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Courtesy of Osaka Customs Gold bars to be sold by Osaka Customs through public bidding
The Yomiuri Shimbun
14:51 JST, May 28, 2024
Osaka Customs has announced that about 100 kilograms of gold seized in smuggling and other illicit cases will be sold in a competitive bidding. The market value is said to be approximately ￥1.29 billion.
The gold was smuggled into Japan and seized by the customs between 2020 to 2023 in forms including accessories and was processed into 1-kilogram bars. The bid is contingent on a lump-sum award, and the estimated price has not been announced.
The bidding is open until June 3, and the proceeds will be paid into the government treasury.
