The Economic and Financial Crimes Commission (EFCC) on Wednesday announced it is concluding plans to sell forfeited properties and have invited interested bidders until noon Monday, January 9, 2023, to submit their bids in a sealed envelope to the designated box at the following address: Economic and Financial Crimes Commission, Plot 301/302 Institutions and Research District, Jabi, Abuja.
This was made known in a statement by EFCC, Head of Media and Publicity, Wilson Uwujaren who stated that the forfeited properties consisting of luxury apartments, plots of land, plazas, and apartments nationwide are being offered for sale to members of the public under the EFCC (Establishment) Act, 2004, Public Procurement Act 2007, and the Proceeds of Crime (Recovery and Management) Act, 2022.
Uwujaren said, “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; Director of such companies and employees of the EFCC.
“A competitive bidding process is being adopted for the disposal of the properties. 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 N10 million, multiple Certified Bank Drafts must be provided; drafts of unsuccessful bidders will be returned once the bidding process is concluded.
“A successful bidder will be required to pay the 90 percent outstanding balance of the bid within 15 working days of the bid submission deadline, failing which the 10 percent deposit becomes non-refundable and the properties can be offered to other buyers. Payments shall be made to EFCC through the Remita platform”.
He further stated that bidders and/or their representatives are invited for the bid opening which would take place from Monday, 9 January to Friday, 13 January 2023 at the Convocation Ground, National Open University of Nigeria, opposite EFCC Headquarters, Jabi, Abuja.