@Libra, Sir I really appreciate you taking it in the right way.. thanks for clearing the confusion (ref. to your last post).. :)
There's no denying that majority of our govt. agencies are corrupt to the core.. but thats not the issue here..
There are always two sides to a story, agreed, but even after having ample opportunity, Premium Motors or the representative thereof, failed to provide any good reason as to why they would report an otherwise legal purchase, stolen? What ulterior interests would such an action serve to the company in itself?
OR is it just that the company has all of a sudden become too concerned about the interests of the public at large, and is merely discharging its corporate social responsibility by admonishing them of the possible dire repercussions of buying a "stolen" car off a government auction? a rare spectacle in the business world that would be I must say, i.e. a company exhibiting CSR without having any interests of its own..
The simple fact of the matter is, the way this company approached the situation is all but highly detestable...Its nothing but a miserably failed take on intimidating and harassing people psychologically, in a bid to put them off from buying vehicles in which the company itself has a greater stake (conflict of interests anyone?).. how NOT in very good faith.. 
LoL!
No matter the reason, the company has taken the wrong route to recoup its losses (should have paid the duties in time)... they want to buy the vehicles, fair enough, they should participate in the auction just like other bidders.. IF they really were too concerned about the interests of the potential buyers, they would have then provided the whole story that took place behind the scenes and would have let the public decide for themselves, instead of playing such cat and mouse games..
