‘Will take steps to stop Prasad`s watch auction’

PM Manmohan Singh has assured Bihar CM that Centre will take all steps for stopping the auction of former president Rajendra Prasad`s wrist watch .

Last Updated: Dec 28, 2011, 18:03 PM IST

Patna: Prime Minister Manmohan Singh has assured Bihar Chief Minister Nitish Kumar that the Centre will take all possible measures for putting off the auction of a wrist watch owned by former president Rajendra Prasad.
"I refer to your (Nitish`s) letter regarding the proposed
auction of a Rolex gold watch originally owned by Rajendra
Prasad... I share the concerns you have expressed," Singh said
in a letter, released to the press here today.

"It has been brought to my notice earlier and I had asked
the ministries concerned to take appropriate steps," Singh
said in the letter, adding, the Ministry of Culture and
External Affairs had succeeded in putting off the auction of
the watch which was proposed to be held on November 13.

Singh said he had asked both the ministries to pursue the
matter and be in touch with the family of India`s first
president.

"Therefore, I assure you that Centre will take all
possible measures in this regard," he added.

Auction house Sotheby`s had postponed the sale of the
Rolex wrist watch following a request by Indian authorities to
not put it under the hammer in Geneva.
The watch, possibly gifted to Prasad on the first Republic
Day in 1950, was estimated to fetch between USD 222,000 and
444,000.

PTI