'Proceeds of Crime' eBay account sells €6k rolex watch for Dept of Finance

The Criminal Assets Bureau is auctioning a watch on eBay.

The Ladies Rolex was seized last year from a Limerick crime figure - who bought it for his partner as a gift.

CAB said that it is treating the sale as an experiment - and if its successful it could be the first of many such auctions.

Bidding for the watch starts at €6,000 - and all proceeds will go to the Department of Finance.

The seller's name is 'Proceedsofcrimeact1996' and it currently has no feedback.