Scotland's First Minister said yesterday he only discovered the SNP had bought a luxury motorhome after he became party leader.
Humza Yousaf said he was shown a police warrant to seize items from the party, which included the vehicle.
The motorhome was seized from outside a property in Dunfermline last week.
Party sources are reported to have said it was intended to be used as a "campaign battle bus" ahead of the last Holyrood election in 2021.
They told one newspaper that it would have acted as a "mobile campaign room" if Covid restrictions prevented other forms of mixing, but was never used.
Mr Yousaf was asked during a visit to a Glasgow nursery school when he first learned that the party had bought the Niesmann + Bischoff vehicle, which can retail for more than £100,000. He replied: "Shortly after I became leader of the party."
Possession
The first minister said: "The police, of course, give us a warrant for items that they are looking to take in their possession.
"I can't go into the detail of that, but of course the police have done the responsible thing and I, as leader. have seen the warrant in terms of the items that they've confiscated, including the motorhome that you referenced."
It was reported at the weekend that the vehicle had been parked outside the home of Peter Murrell's 92-year-old mother since January 2021. Mr Murrell is married to ex-first minister Nicola Sturgeon, and he was until recently the SNP's chief executive.
It was said to have been taken away on the same day that officers searched Ms Sturgeon and Mr Murrell's home in Glasgow, and the SNP's headquarters in Edinburgh. Mr Murrell was arrested before later being released without charge.
The BBC says officers are investigating the SNP's finances in response to complaints about how the party spent more than £600,000 of donations that it had received from activists.
Mr Yousaf said the public had "very reasonable" questions to ask regarding the issue of transparency within the SNP.
Review of clients
It has been revealed that the SNP has been without auditors since September. Accountant Johnston Carmichael, which audited its accounts for more than a decade, said the decision to no longer work with the party was taken after a review of its clients.
Mr Yousaf said he had not been aware of the issue until he became leader, adding that "it would have been helpful to have known beforehand" and that "there should have been more transparency around the party finances". He said he was now committed to finding a replacement auditors for the party as soon as possible.
The first minister was speaking the day after the Scottish Government confirmed it would be launching a legal challenge to the UK Government's block on its gender recognition reforms.
Mr Yousaf said he did not "know the full costs" that would be involved in taking legal action, but insisted that "it's an important principle".