Courts to sell seized hot property in online auction
By Wang Zhenghua in Shanghai and Cao Yin in Beijing | China Daily | Updated: 2012-07-03 07:57
Two courts in Zhejiang province are breaking new ground by putting two seized vehicles up for auction online.
The courts of Ningbo's Beilun district and Yinzhou district are inviting the public to bid for a BMW sedan and a Mitsubishi Outlander SUV on taobao.com, a Chinese online marketplace.
The auctions, scheduled from 10 am on July 9 to 10 pm on July 10, may be followed by other courts in Zhejiang and across the country to deal with confiscated properties.
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