Metro
EFCC, bidders disagree over car auction
- Share
- Tweet /home/naijuinz/public_html/wp-content/plugins/mvp-social-buttons/mvp-social-buttons.php on line 72
https://naijablitznews.com/wp-content/uploads/2025/01/ugi.jpg&description=EFCC, bidders disagree over car auction', 'pinterestShare', 'width=750,height=350'); return false;" title="Pin This Post">
The Economic and Financial Crimes Commission has tackled the protesting bidders alleging irregularities in the car auctioning recently held in different locations across the country.
This development is coming on the heels of the conclusion of the exercise, which lasted between Monday, January 20 and Monday, January 27, 2025.
Upon conclusion, bidders shared screenshots on various social media showing outrageous amounts as bids, leaving room for many of them to back out on some of the deals.
The bidding ranged from N1 billion to N330 billion for mid-range and averagely sophisticated Lexus jeeps and SUVs.
Reacting, one user who identified as Daniel Momoh on X.com shared his frustrations, saying, “Dear @officialEFCC, it is a pity that you and your auctioneers cheated us out of a legitimate process we engaged in yesterday where I won four different vehicles, namely: Toyota Venza – 2,670,000; Lexus ES350 – 2,000,000; Lexus IS250 – 2,520,000 and Toyota – Camry – 1,500,000.
“I woke up this morning to see that my name has been replaced with another name, which blocked me from assessing the website via the account I opened before the bidding.”
Another user, who identified as #Kennylekel, wrote, “EFCC, the website for the official auction for the cars, suddenly brought out error 502 about 43 minutes to the end of the auction!! We hope it is not intentional to select your preferred bidders. I have been bidding since 11 am. Kindly respond.
One CIA on X.com also said, “This is just to fulfil all righteousness and to do some damage control. The cars listed here have been sold to their staff and cronies for very small sums. If you eventually buy it over from them, you’ll also be suspected and arrested for being a fraudster.”
“The auction you conducted yesterday was a sham! In a bid to rig the system, the incompetent auctioneers you engaged allowed a bid of N350,000,000,000 for a Lexus RX 350 Jeep. It’s not a glitch. It’s a deliberate attempt to gate-keep others from bidding,” a user who identifies as Baron El’Sama opined.
Also, a user on X.com said, “I’ve just seen magic happen right before my eyes. A C300 with lot number ADC/BEN/AU/98 that I bid on and won at N5,570,001 just vanished from the auction site. EFCC, una well done.”
In his remark, a user on Facebook who identifies as Aromeh Joshua said, “EFCC auction: Checked two of the Lagos Auctioneers, and their website is (Resource Limit is Reached) temporarily unavailable. A few were hurriedly put together.”
Another user who wrote with name, Hafiz Bawa, on X.com wrote, “Dear @officialEFCC, I am reporting alleged fraudulent activity earlier today during the motor vehicle auction that raises serious concerns about fairness and integrity. It appears that the highest bidder and a “short bidder” colluded to manipulate the auction.
“The highest bidder placed excessively high bids to inflate the price, knowing they would not pay. Under the auction terms, this allowed the short bidder, who had the second-highest bid, to win at an inflated price. This tactic disadvantaged legitimate bidders and exploited the rules, undermining the auction’s fairness. I urge an immediate investigation into this matter.”
“I have seen seven people come out here to accuse the @officialEFCC of committing fraud through this auction. I have yet to see anyone come out to say they actually got the car they bid for. And yet, the institution isn’t addressing the crime that has been carried out. We need to do better,” one user who identifies as Tchalla Kingsman noted.
“Those that are alleging non-transparency are just being economical with the truth. The auction process was electronic and open bidding. There is no way of any extraneous influence or intervention. The allgation is unfounded, it can neither be supported by fact nor logic. Everybody that participated gave a remark that they were able to get; some even said they were outbid.”
Reacting to the allegations in a telephone conversation, EFCC’s spokesperson, Dele Oyewale, said the agency has no hand in the process because the auction procedure was handed over to government-licenced auctioneers.
He maintained that some people could have bid outrageous money to frustrate the process, stressing that it might be deliberate sabotage.
“It is betweeen the auctioneers and the bidding public, it has nothing to do with us. We did not interfere in any of the processes at all,” he noted.
He further challenged the public to bring proof of compromise, adding that not even his close ones could get his influence to secure a vehicle in the auctioning process.
Recall that last week Monday, the commission listed over 850 cars forfeited to the Federal Government for auction across different locations in the country. (https://punchng.com/efcc-to-auction-850-recovered-vehicles/)
The cars, ranging from luxury vehicles to mid-range Toyota Camry, were recovered by the EFCC in the course of investigations into various financial crimes, including corruption, money laundering, and cybercrime.
EFCC explained that the auction was in line with the EFCC (Establishment) Act, 2004, Public Procurement Act, 2007 and the Proceeds of Crime (Recovery & Management) Act, 2022.
The auction, according to the statement, is scheduled to be held in various locations across the country, including Lagos, Abuja, Port Harcourt, and Kano, and will be executed by the EFCC in collaboration with appointed auctioneers.
According to the statement, the commission has called on interested members of the public to participate in the auction, promising that the process will be transparent and fair.
Metro
EFCC Arraigns UNIBEN Staff Over N3.2m Salary Fraud
The Economic and Financial Crimes Commission has arraigned a staff member of the University of Benin over alleged salary duplication fraud of ₦3.2m alongside other defendants in separate fraud cases involving N650 million money laundering and N500,000 false pretence across Edo and Borno states.
In a statement shared on its official X handle on Thursday, the Economic and Financial Crimes Commission (EFCC) said:
In Benin, the EFCC’s Zonal Directorate brought Segun Bode Adedeji before Justice E. G. Adekanmbi of the Edo State High Court on a four-count charge “bordering on fraudulent practice to the tune of N3,285,396 (Three Million, Two Hundred and Eighty-Five Thousand, Three Hundred and Ninety-Six Naira) only.”
The commission said intelligence gathered by its operatives indicated that the defendant, while serving as a staff of the University of Benin, was allegedly receiving salaries from two public institutions simultaneously.
“Segun Bode Adedeji… was also drawing salaries from the National Orthopaedic Hospital, Benin City, at the same time,” the EFCC said.
In another case in Maiduguri, the EFCC arraigned Abubakar Muhammad before Justices Shehu Umaru Adamu of the Federal High Court and Amina Mustapha Ibrahim of the Borno State High Court over alleged money laundering and criminal conversion involving N650 million.
The anti-graft agency said the defendant, between 2021 and 2026, allegedly converted funds through multiple bank accounts, under the guise of a mining investment scheme.
“Directly converts the aggregate sum of N650,000,000.00 (Six Hundred and Fifty Million Naira) via your account numbers; 2270202119, 0003515514 and 5072107609 domiciled with United Bank for Africa Plc, Taj Bank and Moniepoint Microfinance Bank,” part of the charge read.
The EFCC said the defendant pleaded not guilty, while prosecution counsel Mukhtar Ali Ahmed urged the court to fix a trial date and sought remand in its custody. However, defence counsel B.G. Zanna applied for bail.
Justice Ibrahim granted bail in the sum of N300 million with two sureties, one of whom must own property worth N400 million, and adjourned the matter to June 11 and 15, 2026, for hearing.
In a separate Maiduguri case, the EFCC also arraigned Bilal Muhammad, Chief Executive Officer of GDF Home Sales Enterprises Ltd, before Justice Amina Mustapha Ibrahim over an alleged obtaining by false pretence involving N500,000.
The agency said the defendant allegedly obtained the money from Adamu Abubakar under the claim that it was meant for the purchase of a tricycle, a representation it said was false.
“That you, Bilal Muhammad, whilst being the Chief Executive Officer of GDF Home Sales Enterprises Ltd… obtained the sum of N500,000 (Five Hundred Thousand Naira) from Adamu Abubakar… under the false pretence that same is meant for the purchase of a Tricycle (aka Keke Napep), a representation which you knew to be false,” the charge stated.
The defendant pleaded not guilty. Prosecuting counsel A.D. Abdulmalik urged the court to fix a trial date and requested remand in a correctional facility. The court adjourned the matter to June 22, 2026 and ordered his remand at the Maiduguri Maximum Correctional Facility.
Metro
VDM: Presidency Confirms Police Arrest Of Man Who Spread Fake Audio About Tinubu
The presidency has confirmed that operatives of the Nigeria Police Force have arrested a man identified as Ifechukwu Dennis for originating a fake voice that he passed on to members of the public as the voice of President Bola Tinubu.
The Special Adviser to the President on Information and Strategy, Bayo Onanuga, who confirmed the development to Naija News in a statement on Thursday, said Dennis was arrested by the crack team of the Inspector General of Police.
Onanuga also disclosed that the suspect was arrested in Benin.
According to him, the Police will soon issue an official statement on the development.
“The IGP crack team has arrested Ifechukwu Dennis who originated the fake voice that he passed on to his gullible targets as President Tinubu’s voice. Dennis was arrested in Benin. The police will issue an official statement.” Onanuga wrote on his 𝕏 Account.
The presidential spokesperson added that another man who made a fake and reckless post about the security situation in Abuja has also been arrested by the Police.
Onanuga submitted that the arrests are clear signals that reckless users of social media will face the consequences of their actions.
“The police have also arrested this Nigerian who made an alarming post about Abuja’s security, spreading fear among citizens. By arresting him, the police have sent the clear message that reckless users of the social media won’t go scot-free,” he wrote.
Naijapunchnews recalls that the Presidency had last week accused social media influencer Martins Vincent Otse, popularly known as VeryDarkMan (VDM), of circulating an alleged fake audio purportedly involving President Tinubu.
The Special Adviser to the President on Information and Strategy, Bayo Onanuga, made the call in a post on 𝕏 and called for the prosecution of the social media activist.
Onanuga accused VDM of spreading false content on social media. The presidential aide described the circulation of the audio as an abuse of social media.
However, it was subsequently discovered that the fake audio did not originate from VDM.
Metro
C’River community cries for help as flood devastates homes
Residents of Efut Efio-Ene in the Calabar South Local Government Area of Cross River State have called for government intervention to salvage the area from devastating flood.
The community linked the flooding to the open water drainage channel directed into the area from various drains in the Calabar metropolis, noting that the development has resulted in persistent flooding of residential compounds and access roads, while structurally weakening and damaging buildings, destroying properties and killing residents.
Speaking on Tuesday in Calabar, Clan Head of Efut Efio-Ene community, His Royal Highness, Muri Ekong Umo Ekpo 2, lamented that the flooding has caused the destruction of household properties and personal belongings, increased health risks arising from stagnant and contaminated floodwater, as well as disruption to transportation and movement within the community.
He said, “We are facing lot of problems in this community because of flooding. This is because the whole water channelled throughout the whole Calabar and environs come directly to our area and the government have never done anything about it. And this flood now destroy houses, properties and contaminate our drinking water and increase health risks.”
The monarch further stated that the last time the drainage system was cleared was during the administration of Governor Donald Duke.
He called for immediate desilting of the drains before the peak of the rainy season to prevent further escalation of the damage and suffering within the community.
The monarch warned that the situation had become alarming and required immediate emergency intervention to avert impending disaster, calling on the federal authorities, including National Emergency Management Agency, Cross River State Government and waste management agencies to urgently intervene and stop the devastating water discharge into the community.
The Youth leader of the community, Princewill Lawrence, said, “Residents now live in constant fear. Heavy rainfall in the coming weeks may result in catastrophic flooding, collapse of weak structures, destruction of livelihoods, and possible loss of lives”.
He further appealed to the governments at all levels to conduct a technical inspection of the affected areas, deploy emergency drain control and flood mitigation measures, and construct appropriate discharge channels, retention systems, and flood-control infrastructure capable of safely managing storm water.
Women leader of the community, Obongawan Nanke Bassey, appealed that immediate action should be taken to ameliorate the situation.
“This is therefore a passionate appeal for urgent government intervention before the peak of the rainy season further escalates the damage and suffering within our community,” she added.
Director-General of the Cross River State Emergency Management Agency, Antigha Gill, while reacting to the situation, said government agencies are making efforts to address the situation.
“We have made efforts to draw the attention of the authorities to this issue. I remember, we have written to the state government on this matter and they have mandated the Ministry of Environment to take action”, he said.
Gill further disclosed that the community had served the agency with various letters appealing for intervention, stressing that his agency in collaboration with the Ministry of Environment and Calabar Urban Development Authority would soon address the situation.
“We know that rainy season is here; two weeks ago, the community send me reminder of on the serious flooding there. We will collaborate Ministry of Environment and CUDA for action”, he said.
-
News23 hours agoBREAKING: Armed men abduct 4 including 11-year- old, Kill vigilante in FCT satellite town, Kubwa
-
News21 hours agoVideo: FCT minister Wike embarks on final inspection of Kuje airport road
-
News22 hours agoNUPENG Deputy President Oladejo Felicitates Comrade Akinlaja at 76
-
News21 hours agoOyo Assembly Rejects Negotiation With Ogbomoso school children abductors
-
News23 hours ago2027: Donald Duke qualified to be our presidential candidate – PRP
-
News22 hours agoU3 Federal Constituency: Akpodiete Says Emarayo’s Multiple Party Membership Threatens PDP’s 2027 Chances
-
News20 hours agoBREAKING: House Erupts Over Minority Leader Race as Forgery, $50,000 Bribery Claims Trigger Uproar
-
News21 hours agoGov Aiyedatiwa reveals how youths plan to bomb govt house

Warning: Undefined variable $user_ID in /home/naijuinz/public_html/wp-content/themes/zox-news/comments.php on line 49
You must be logged in to post a comment Login