Auction: EFCC Invites Bids For 61 Forfeited Houses, Others

The Economic and Financial Crimes Commission (EFCC), has concluded plans to conduct sale of properties which are subject of final forfeiture orders.

The spokesperson of the EFCC, Wilson 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 Economic and Financial Crimes Commission (Establishment) Act, 2004, Public Procurement Act, 2007 and the Proceeds of Crime (Recovery and Management) Act, 2022.

He listed the distribution of the properties as: 24 Units of luxurious block of flats at Banana Island, Lagos; 21 units of luxury terrace and block of flats at Thornburn, Yaba, Lagos; 16 units of 4 bedrooms terrace duplex at Heritage Court Estate, Port Harcourt;

Others are apartments and plots of land in Lagos State; apartments and plots of land within Abuja metropolis; plots of land and apartment in Anambra, Ebonyi and Gombe States; apartments and plots of Land in Kaduna, Delta and Edo States; hotel, plaza and apartments in Kwara State and apartments and plots of land in Cross River, Osun and Oyo States.

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 EFCC further said “competitive bidding process is being adopted for the disposal of the properties.

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