Tuesday, May 27

Barring any last-minute change of decision, the Economic and Financial Crimes Commission (EFCC) will begin an electronic auction of 891 cars.

The cars, which range from luxury vehicles to mid-range Toyota Camry, were recovered by the EFCC in the course of its investigations into various financial crimes, including corruption, money laundering, and cybercrime.

According to a statement issued by the EFCC on Monday, the auction is in line with the EFCC (Establishment) Act, 2004, Public Procurement Act, 2007 and the Proceeds of Crime (Recovery & Management) Act, 2022.

The statement reads: “The General Public is hereby notified that the @officialEFCC through its appointed Auctioneers will conduct e-Auction of the under-listed vehicles that are subject of final Forfeiture orders in accordance with the EFCC (Establishment) Act, 2004, Public Procurement Act, 2007 and the Proceeds of Crime (Recovery & Management) Act, 2022.”

It added that the auction will be online and is expected to run from January 20-27.

Interested parties have been directed to the following websites: www.rihogo.com, https://biznjeg.ng, www.areogunresourcesniglid.com.ng.

Last September, the agency handed over 53 vehicles and a total of $180,300 stolen by fraudsters to the Royal Canadian Mounted Police.

The Chairman of the Commission, Ola Olukoyede noted that out of the $180,300, the sum of $164,000 was stolen from a Canadian woman, Elena Bogomas, in a romance scam, while $16,300 was stolen from one Sandra Butler.

Olukoyede further stated that the recoveries are the result of the inter-agency cooperation between Nigeria and other countries in the fight against corruption.

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