Here’s one that didn’t get away. A major collection of antique fishing tackle comes to auction at Moore Allen & Innocent’s Cirencester saleroom on March 11 via an unusual route.
In 2003 Ian Duncan Mackenzie of Lympne, near Folkestone, who
served six months for the possession of two kilograms of cannabis
with intent to supply but was cleared by a jury of money-laundering
offences, was the subject of a Civil Recovery investigation by the
Assets Recovery Agency.
The ARA was created alongside The Proceeds of Crime Act, 2002
with powers to seize assets where there are reasonable grounds to
suspect that there is taxable income, gain or profit from criminal
In settling the action against him reached in December last
year, Mackenzie (who denied any involvement in crime) agreed that
assets to the value of £817,000 would pass to the agency. Alongside
£559,000 in cash and shares to a value of £18,000, some £240,000 of
that sum is accounted for by more than 800 antique angling items
ranging from Hardy tournament casting reels through 86 antique
fishing rods to a copy of the Rev. William Houghton's colour plate
book British Fresh Water Fish,1897. Mackenzie had
collected for ten years, buying from auctions, shops and
The Assets Recovery Agency have asked Moore Allen & Innocent
to turn around the sale by the end of the financial year. There are
no issues of title and estimates suggest the goods are there to
Contact 01285 646050 for more information.