Bidding under way for elite showjumpers seized in money laundering case

The auction of top showjumpers seized by US authorities in a money laundering case is under way.

A total of 14 horses, including 16-year-old Olympic showjumper Hardrock Z, are up for sale in the online auction, run by CWS Asset Management and Sales.

The nine-year-old gelding Tupac Van De Vrombautshoeve Z, who is jumping national 1.30m classes, is the current top lot, with bidding at $69,500 (£53,161).

He is followed by the 14-year-old stallion Ricore Courcelle at $60,500 (£46,277), who has been jumping 1.60m grands prix and has a successful record on the international circuit.

The horses were owned by Venezuelan national Alejandro Andrade and ridden by his Olympic showjumper son, Emanuel.

Mr Andrade senior, 54, was sentenced to 10 years in prison in November 2018 for money laundering.

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Article written by: Lucy Elder