LIAN PEK, CNN ANCHOR: Several million dollars worth of goods, ranging from gold toilet paper holders to recording studios are set to go on auction this weekend in Brunei. The items belong to Prince Jefri, brother of the Sultan of Brunei. As Kurt Achin reports, they are being sold to cover debt from his failed businesses.</s>KURT ACHIN, CNN CORRESPONDENT (voice-over): If you are in the market for some high-end bathroom items, head to Brunei this weekend. Liquidators of the failed business empire of Prince Jefri, brother of Brunei's sultan, say this will be the world's biggest auction, in terms of variety.</s>NEIL DUCKWORTH, SMITH HODGKINSON: We've got people coming here from the United States; Europe and the United Kingdom; the Middle East; and obviously, throughout Southeast Asia. So we are very pleased with the response; we have had over 5,000 people.</s>ACHIN: The prince's company, Amedeo Development Corporation, went bankrupt three years ago, leaving $16 billion in debt. With most of the money having come from Brunei's considerable foreign currency reserves, the country filed a civil action against the prince. He agreed to settle the action by returning the assets he had acquired. Among the more unusual items up for auction is the luxury goods firm Aspreys of London. The sale will be held in Amedeo's former headquarters, a fishing village where the prince built a fun park, hotel and several palaces. Unofficial estimates say the auction could net Brunei around $17 million, but some potential bidders are still not sure how much they'll spend.</s>UNIDENTIFIED FEMALE: I really don't know. If I think it is worth buying, maybe $200,000 to $300,000. I really don't know. Prince Jefri, who now lives in London and Paris, is still being pursued by creditors, who say he owes them millions of dollars. Kurt Achin, CNN.
Estate of Sultan of Brunei's Brother on Auction