The Economic and Financial Crimes Commission has completed plans to auction off properties subject to final forfeiture orders.
The commission has invited interested individuals or organizations to submit bids for the forfeited properties by Monday, January 9, 2023, at 12:00 noon.
Wilson Uwujaren, the EFCC’s spokesperson, made the announcement in a statement on Wednesday, December 28, in a post shared on the commission’s Facebook page and spotted by
Uwujaren said,
“The properties consisting of 61 Units of luxury apartments, plots of lands and apartments across the country are being offered for sale in accordance with the EFCC (Establishment) Act, 2004, Public Procurement Act, 2007 and the Proceeds of Crime (Recovery and Management) Act, 2022.”
Meanwhile, The PUNCH previously reported that the EFCC would auction 144 forfeited houses and lands across the country, with Lagos, Abuja, and Rivers State leading the way.
The auction is open to the public, with the exception of individuals and corporate entities that have been or are being prosecuted by the EFCC; directors of such companies; and EFCC employees.
Uwujaren stated that the properties will be sold through a competitive bidding process.
He added,
“The bid forms which can be downloaded from the EFCC website www.efcc.gov.ng must be submitted alongside 10 per cent of the bid amount in certified bank drafts payable to the EFCC. If the sum exceeds N10m, multiple certified bank drafts must be provided; drafts of unsuccessful bidders will be returned once the bidding process is concluded.”