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2mo ago

Santa Fe’s Fifth Auction of Seized Assets Raises AR$1.564 Billion

The record sale showcases a provincial asset‑forfeiture model that turns seized goods into funding for victims, public programs and Aprad.

Una avioneta fue subastada por $70 millones
La subasta pública ofrece vehículos de alta gama que parten de precios inferiores a los valores de mercado.
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Overview

  • The Aprad-run auction in Rosario, held Thursday, drew 5,411 registered bidders from all 23 provinces and the City of Buenos Aires.
  • All 150 lots found buyers, lifting proceeds to AR$1,564,070,000 in what officials called the province’s largest such sale to date.
  • A contested Cessna 402A linked to agent Daniel Casanovas cleared judicial hurdles ahead of the event and sold for AR$70,000,000 to a buyer from Córdoba.
  • Organizers required online sign-ups with checks against Justice and Police of Investigations databases, and vehicles will receive new license plates to sever ties to prior owners.
  • Officials say Santa Fe is the only province using a local asset‑forfeiture framework, with funds earmarked for victim compensation, social initiatives and Aprad operations, taking total recoveries since 2024 to more than AR$5.177 billion.