The Economic and Financial CrimesCommission, EFCC, on Monday, December 19, 2022 commenced the auction of seven cars, which are subjects of final forfeiture orders with inspection of the items by members of the public in Ilorin, Kwara State .
The exercise, which is a
continuation of the auction scheduled to take place across the Commands of the
Commission, was done in line with the EFCC (Establishment) Act 2004; Public
Procurement Act 2007 and the Proceeds of Crimes (Recovery and Management) Act
2022.
The items to be auctioned are Lexus
IS350 2007 model, Toyota Venza 2010 model, White coloured Mercedes Benz 2007
model, Gold Porche 2005 model, Red coloured Toyota Camry 2008 model, Grey
coloured Honda Accord 2007 model and Ash coloured Toyota Camry 2009 model.
The cars’ pictures were
conspicuously displayed with allocated lot numbers for public inspection at No
11, Catchment Road, Adjacent Noktel Hotel, GRA, Ilorin to provide opportunity
for interested bidders to view and indicate interest in any car of their
choice.
In a remark before the inspection,
the Commander, Ilorin Zonal Command of the EFCC, ACE II Michael Nzekwe, said
the auctioning was being conducted in conjunction with the Bureau of Public
Procurement to ensure compliance with all extant laws.
According to him, the cars would be
auctioned tomorrow, Tuesday, December 20, 2022 based on assessed values and
open bidding system.
“The exercise is going to run for 2
days, that is today and tomorrow. We have seven vehicles for auction as you can
see. The process is that you inspect the items to make a choice and then come
back tomorrow for the bidding. The item
goes to the highest bidder and the winner will have to make payment within 48
hours.
“Let me also add that, you don’t
have to know anybody to participate in the auction”, Nzekwe stated.
He appealed to members of the
public interested in the auction to listen carefully to the auctioneers and
comply with all stipulated guidelines for a seamless auction.
Also speaking, the auctioneer,
Jerome Itepu, Executive Director, Trevamtech K & G Limited assured members
of the public that the process would be open and transparent.
He charged the bidders to be disciplined and follow the approved guidelines for a seamless auction.
EFCC AUCTIONS VEHICLES AT ILORIN COMMAND
Images of the public during the auction exercise of automobiles conducted today, 19 December, 2022, at the Ilorin Command of the EFCC.
