Mushy bat auction stopped because of fake bidding

Sports
Mushy bat auction stopped because of fake bidding
The auction of Bangladesh wicketkeeper-batsman Mushfiqur Rahim's bat to improve funds for the coronavirus pandemic has been halted for the time being because of fake bidding on Tuesday.

Mushfiqur, who scored the first ever double century in Tests for Bangladesh against Sri Lanka back 2013, had decided to put up that bat up for auction to raise funds for coronavirus afflicted people on, may 9 and the auction was likely to end on, may 14.

Mushfiqur's management company NIBCO made a handle Pickaboo.com, an e-commerce site, where in fact the bat was placed for auction but on Monday the auction was halted from 3:30 PM.

Until Tuesday, there were 53 bids, with the purchase price exceeding Tk 41 lakh for the bat where most those were fake bidders with fake names. 

"We are hoping to begin it any time soon. That is unusual. We've seen some fake bidders manipulating the procedure to artificially improve the price. We've allowed raising the purchase price Tk 10,000 simultaneously. But some persons raised the price a lot more than ten times at a time. We are afraid it will discourage the original bidders," a Nibco official told the media on Tuesday.

Meanwhile according to pickaboo.com CEO Morin Talukder they will filter the bids to have the real bidders.

"We haven't any token money or safety deposit option. It had been an open bid. We have now put it on hold for some time so that we are able to filter the bids to find actually interested parties," Morin said.
Tags :
Share This News On: