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BusinessCrime

EFCC invites bids for forfeited houses, lands in Abuja, Lagos, P’Harcourt

The Economic and Financial Crimes Commission (EFCC) has commenced the auction of 160 forfeited houses, plots of land and other properties.

The EFCC, on Wednesday, released details of the properties situated in Abuja, Lagos, Port Harcourt and other parts of the country.

According to the anti-graft agency, interested participants in the bidding process have until January 9 to submit their bids.

The agency said the forfeited assets to be auctioned include 122 houses, 18 plots of land, a diesel tanker and a generator.

“The auction is open to members of the public with the exception of individuals/corporate entities who have been/or are being prosecuted by the EFCC; Directors of such companies and employees of the EFCC,” the statement reads.

The commission said the final forfeiture of the auctioned properties is in accordance with the EFCC (Establishment) Act, 2004, Public Procurement Act, 2007 and the Proceeds of Crime (Recovery and Management) Act, 2022.

FULL DETAILS OF THE AUCTION CAN BE FOUND HERE

TheCable

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