Crime Proceeds: EFCC set to auction 649 forfeited vehicles, 15 ships, others

*Nigeria’s Economic and Financial Crimes Commission says there will be physical and e-auction of the advertised items, all subject of final forfeiture orders in accordance with its Establishment Act 2004; Public Procurement Act 2007; and the Proceeds of Crime (Recovery and Management) Act 2022 of the country

Isola Moses | ConsumerConnect

The Economic and Financial Crimes Commission (EFCC) has disclosed the anti-graft agency will commence the physical inspection and auction of 649 forfeited vehicles located across nine states and the Federal Capital Territory Tuesday, December 6, 2022.

ConsumerConnect reports the Commission in an advertorial published earlier had said that the exercise, which will be carried out by its appointed auctioneers, will also include the auctioning of 15 vessels and barges in Rivers, Delta and Lagos states, about 39 mobile phones, 11 laptops and other devices.

It is recalled the EFCC, in a public notice advertorial published in The Punch Friday, December 2, noted that from Tuesday, there would be physical and e-auction of the items, which were subject of final forfeiture orders in accordance with its Establishment Act, 2004; Public Procurement Act, 2007; and the Proceeds of Crime (Recovery and Management) Act, 2022.

The advertorial also detailed the forfeited items for auction in each state of the Federation, the dates and venues of the auction and Web sites for the online viewing of those to be auctioned electronically.

The anti-graft Commission further stated that exercise, which would be held variously and simultaneously across the affected states and the FCT, and scheduled to end with the physical auction in Sokoto and Ilorin, respectively December 20 this year.

Details of forfeited items

The EFCC has revealed that Lagos has the highest number of vehicles for the proposed auction with 438; followed by Ibadan, Oyo State, with 80 vehicles; Port Harcourt, Rivers State, 45 vehicles; and the Federal Capital Territory, with 35 vehicles.

Others include Benin, Edo State, with 20 vehicles; Uyo, Akwa Ibom State, 11 vehicles, Enugu, nine vehicles; Ilorin, Kwara State, seven vehicles; while each of Kano and Sokoto have two vehicles available for auction. Some of the vehicles up for auction include exotic cars, expensive sport utility vehicles, trucks, buses and saloon cars.

Likewise, of the choice brands include Mercedes Benz G-Wagon GLK, 4matic, ML and CLA models; BMW X6, 525i and other models; Range Rover and Land Rover SUVs; Porsche, Toyota Land Cruiser, Toyota Prado, Lexus LX 570, RX 350, and other expensive models.

Among the long list are different models of Toyota, Lexus, Mercedes Benz, Honda, Acura, Mitsubishi, Volkswagen, Audi, Nissan, Infinity, Mazda and several other SUVs, space wagons and saloon cars.

There are also laptops, including Apple Macbook, iPhones, Samsung phones and several others that are slated for auctioned.

“The auction is open to the general public throughout Nigeria for the duration of the bidding period, except staff of the commission and persons, groups or organisations against whom the forfeiture order was made.

“Asset viewing is free at the asset locations; assets will be sold ‘as is’ and ‘where is’ and no asset will be sold below the reserved price.

“A winning bid can only be equal or above the commission’s reserved price,” said the Commission.

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