EFCC to auction forfeited vehicles online Monday

Unidentified EFCC Operative Takes Own life Unidentified EFCC Operative Takes Own life

By Francesca Hangeior

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The Economic and Financial Crimes Commission has announced the e-auction of some forfeited vehicles to the public.

The commission noted that the exercise is slated to take place on Monday, January 27, 2025, from 11:00 am to 4:00 pm, as it’ll be conducted online.

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Also, the exercise is spread across 16 lots with auctioneers in Abuja, Edo, Kwara, Sokoto, Kaduna, Lagos and Kano states. Interested persons can go through the official web addresses provided for each lot.
Reports have it that some vehicles are still open to bids while some others have closed, as the vehicles have varying bidding amounts.
According to a tweet via its X handle on Monday, the commission said the e-auction will be done according to the EFCC (Establishment) Act, 2004, Public Procurement Act, 2007 and the Proceeds of Crime (Recovery & Management) Act.

“The General Public is hereby notified that the @officialEFCC through its appointed Auctioneers will conduct e-Auction of the under-listed vehicles that are subject to final Forfeiture orders in accordance with the EFCC (Establishment) Act, 2004, Public Procurement Act, 2007 and the Proceeds of Crime (Recovery & Management) Act, 2022,” the tweet partly read.

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