Fraudster's 1922 Rolls-Royce auctioned
A 1922 Rolls-Royce Silver Ghost linked to convicted fraudster Michael Swann sold for $84,000 at auction today in Auckland.
Turners Car Auctions on the North Shore put the Rolls Royce under the hammer with an auction estimate of $60,000-$80,000 with the proceeds to be returned to the Government, the Otago Daily Times reported.
A spokesman from Turners confirmed the sale today, saying though there was international interest in the car, he believed the winning bid had come from a New Zealand collector or museum.
The vehicle was found in a container at Port Otago last year.
A police investigation linked the vehicle to Swann, who in 2004 paid $160,000 to a Christchurch man for the vehicle.
Swann was jailed in 2009 after defrauding the Southern DHB of $16m. He was released on parole last year.
Turners Car Auctions says it is a "1922 Rolls Royce Chassis which we understand was rebodied in 1934 by Salmon and Sons in Buckinghamshire, England.
"It is an English-built car and comes with copies of original build, ownership and service records."