Home News Forfeited homes, land up for bid – EFCC

Forfeited homes, land up for bid – EFCC

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The Economic and Financial Crimes Commission (EFCC) has concluded plans to auction property that are subjects of final forfeiture orders.

The commission has invited interested persons or organisations to submit bids for the forfeited property latest by Noon on Monday, 9th January 2023.

In a statement on Wednesday, EFCC’s spokesperson, Mr Wilson Uwujaren said: “The property consisting of 61 units of luxury apartments, plots of lands, and apartments across the country are being offered for sale in accordance with the EFCC (Establishment) Act, 2004, Public Procurement Act, 2007, and the Proceeds of Crime (Recovery and Management) Act, 2022″.

The EFCC spokesperson noted that the distribution of the propery is 24 units of a luxurious block of flats in Banana Island, Lagos; 21 units of a luxury terrace and block of flats in Thornburn, Yaba, Lagos; and 16 units of a four-bedroom terrace duplex at Heritage Court Estate, Port Harcourt.

He said: “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 and corporate entities that have been or are being prosecuted by the EFCC; directors of such companies and employees of the EFCC.

Uwujaren noted that a competitive bidding process is being adopted for the disposal of the property.

He added:  “The bid forms which can be downloaded from the EFCC website www.efcc.gov.ng must be submitted alongside 10 percent of the bid amount in certified bank drafts payable to the EFCC. If the sum exceeds N10m, multiple certified bank drafts must be provided; drafts of unsuccessful bidders will be returned once the bidding process is concluded”.

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