JUST IN: EFCC Records Six Successful Bids For Forfeited Properties

Six bidders on Tuesday, January 10, 2023, emerged winners of different properties as the sale of forfeited real estate assets by the Economic and Financial Crimes Commission, through sealed bids, entered the second day in Abuja.

At today’s session, 12 properties in Lot 4, located in highbrow areas of Ikoyi and Lekki peninsular of Lagos State were offered for sale through competitive bidding.


In a statement obtained by our correspondent on Tuesday night, the EFCC PRO, Wilson Uwujaren, revealed that at the end of the exercise, the bids for six properties were successful, while those in respect of the remaining six properties were unsuccessful on grounds of non-compliance with the guidelines or the highest bid falling short of the reserve price.

Uwujaren said, “The properties listed serially in the Lot as numbers 4, 7, 8, 9 10, and 12 in respect of which no bid was successful, were re-opened to fresh bids until Friday, January 13, 2023, with the exception of the properties listed as numbers 9 and 12, which bid opening are slated for Monday, January 16, 2023.

“Over 90 bidders participated in today’s exercise. One of the bid winners, Olaore Adebayo commended the transparency of the exercise.


“I want to thank the EFCC for this opportunity. We came here not knowing anybody at the EFCC and I am glad that our efforts were not in vain. I want the EFCC to extend more opportunities like this to the public so that more people can benefit,” she said.

The PUNCH bidders, on Monday, hit a brick wall as the EFCC commenced the opening of bids for sales at the National Open University of Nigeria Headquarters, Jabi Abuja, The PUNCH reports.


This follows the close of the submission of bids for the sale of properties which are subject to Final Forfeiture Orders.

The exercise, keenly observed by our correspondent, commenced at about 2:30 pm on Monday and was slated to continue daily until Friday, January 13, 2023.

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