Buyers show keen interest in bulletproof vehicles at government auction - Printable Version +- Pakistan Real Estate Times - Pakistan Property News (https://www.pakrealestatetimes.com) +-- Forum: Pakistan Real Estate / Property News (/forumdisplay.php?fid=1) +--- Forum: Latest Pakistan Property & Economic News (/forumdisplay.php?fid=4) +--- Thread: Buyers show keen interest in bulletproof vehicles at government auction (/showthread.php?tid=247)

Buyers show keen interest in bulletproof vehicles at government auction - LRE - 07-02-2008 06:27 PM Buyers show keen interest in bulletproof vehicles at government auction * 125 cars worth Rs 35 million auctioned Staff Report LAHORE: Most of the visitors at the LOS impounding lot, where the government is auctioning official vehicles, on Tuesday took great interest in the five high security bulletproof vehicles parked there. The government will re-advertise their auction to attract more buyers. They will be auctioned on July 5, the last day of the auction. Cars auctioned: On the second day the auction committee auctioned 125 vehicles and earned around Rs 35 million in open bidding. Excise and Taxation Minister Mian Mujataba Shujaur Rehman supervised the auction on the second day. A black bulletproof Toyota Land Crusier had been replaced with a similar gray coloured car on Tuesday. Officials said that the black car had been replaced since its air-conditioner was not working. One of the visitors, Hassan, who was inspecting a bulletproof vehicle, said that an official had told him that the former chief minister’s son had been using the car. Muhammad Ali, another visitor, said that he had just come to see how the former rulers had utilised funds from the public exchequer. He demanded that the government should recover the amount from those who used them if the vehicle fails to fetch a reasonable price in auction. Services and General Administration Department Secretary Fawad Hassan Fawad said that the reserved prices of high security bulletproof vehicles were being calculated and would be disclosed to buyers on the auction day. http://www.dailytimes.com.pk/default.asp?page=2008%5C07%5C02%5Cstory_2-7-2008_pg13_2