Over 130 luxury items including watches, bags and shoes are to be auctioned off by the Criminal Assets Bureau.
The assets, which were seized under the Proceeds of Crime Act, will available for purchase at an online event by Wilsons Auctions on November 29th.
The auction features a wide selection of designer handbags from Hermès, Saint Laurent, Louis Vuitton, Chanel and Jimmy Choo.
CAB also seized a number of luxury watches, including Rolex Submariners, Rolex Daytonas, Rolex Datejusts, Rolex Day-Dates and a Breitling Starliner.
Wilsons said the online auction is an "ideal opportunity for bidders to add to their collection or to purchase their first prestige watch."
Designer shoes and accessories seized by CAB will also go to auction on November 29th.
These include Christian Louboutin heels, Gucci belts, Louis Vuitton belts, Jimmy Choo trainers and Valentino Garavani heels.
Auction
Wilsons Auctions Director Ricky Wilson said he is "very pleased" to be handling the CAB auction.
"All proceeds generated from this auction will be directly reinvested into the State," Mr Wilson said.
He said the auctioneer's previous event for CAB last December was "successful and extremely popular".
"[The auction] served as an ideal opportunity for bidders to purchase Christmas gifts," Mr Wilson said.
The online auction is set to take place on Friday 29th November at 1pm and will be open to the public.
Interested bidders are encouraged to register in advance of the online event on Wilsons Auctions' website.