The Economic and Financial Crimes Commission (EFCC) has announced that cars seized from people involved in illegal activities are now up for sale. These cars have been forfeited to the government following court orders.
Sale Locations Shared with the Public
The EFCC has released the locations where the cars are stored and is calling on interested buyers to come and inspect them. Auctioneers appointed by the EFCC will handle the sales process at these designated locations.
Laws Guiding the Auction
The sale is being conducted in line with:
- The EFCC Act (2004) – Which empowers the commission to handle proceeds of crimes.
- The Public Procurement Act (2007) – Ensuring the sale process is transparent and fair.
- The Proceeds of Crime Act (2022) – Allowing the government to manage and sell assets seized from criminal activities.
What to Do If You’re Interested
Interested buyers are encouraged to check the EFCC’s public notice for the list of locations and details of the vehicles. This is your chance to buy these cars through a legal and transparent process.
The EFCC aims to recover value for the government and ensure that these assets are put to good use. Visit the announced locations to participate!