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SEE LIST: EFCC Begins Auction Of 891 Forfeited Cars

by Nafisat Abdulrahman
5 months ago
in News
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The Economic and Financial Crimes Commission (EFCC) has begun the electronic auctioning of 891 forfeited vehicles.

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In a notice shared on its official social media platforms on Monday, the anti-graft agency stated that the auction process aligned with relevant laws – EFCC (Establishment) Act, 2004, the Public Procurement Act, 2007, and the Proceeds of Crime (Recovery & Management) Act, 2022.

The EFCC disclosed that the online auction will take place from January 20 to January 27, 2025.

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To facilitate the sale, the agency listed accredited auctioneers and provided designated platforms where interested buyers can participate.

The approved auction websites include, https://www.rihogo.com, https://biznjeg.ng and https://www.areogunresourcesniglid.com.ng

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Interested bidders are encouraged to visit the listed platforms to view available vehicles and complete the necessary registration process. The EFCC assured transparency in the bidding process, stating that all sales will be conducted in line with legal provisions governing asset forfeiture and disposal.

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This latest auction followed the agency’s continued efforts to recover and manage assets linked to financial crimes in Nigeria.


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Nafisat Abdulrahman

Nafisat Abdulrahman

I am a dedicated reporter at Leadership Newspaper, where I bring a keen eye for detail and a passion for storytelling to a diverse range of topics, including business, sports, politics, and international affairs. My work aims to provide readers with accurate, timely, and engaging reports that break down the complexities of current events. From covering high-profile political shifts and court cases to exploring the latest in economic developments and sporting events, I strive to offer insightful and comprehensive coverage. My stories include in-depth analyses of economic trends, detailed political reports, and human interest pieces that highlight significant global and local events. I am committed to delivering news that informs and fosters a deeper understanding of the issues shaping our world. My goal is to engage readers with well-researched and thought-provoking content

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