Part of Proceeds of Crime Bill – in a Public Bill Committee am 4:15 pm ar 6 Rhagfyr 2001.
The point that I had hoped to raise in an intervention relates to the price paid and the valuation. I am thinking about Sotheby's, which is particularly appropriate at the moment. On Tuesday, the hon. Member for Beaconsfield advertised Sotheby's. He said:
''A defendant obtains £1 million as the proceeds of crime. On the advice of Sotheby's, he purchases a painting that he believes is worth £1 million.''—[Official Report, Standing Committee B, 4 December 2001; c. 478.]
Was the hon. Gentleman aware that a member of Sotheby's staff currently faces jail over a commission-fixing scandal? Would that affect his view whether—