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EFCC to begin sale of forfeited properties

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The Economic and Financial Crime Commission, (EFCC) had announced it would soon commence the auction of landed properties whose final forfeiture has been secured.

It claimed that the properties to be auctioned include: 160 flats and apartments in 16 locations across the country.

This is coming after the commission successfully auctioned 649 vehicles.

The Commission’s Chairman, Abdulrasheed Bawa made this known on Thursday December 15, 2022, while speaking on the agency’s activities at the 62nd session of the State House Media Briefing at Aso Rock Villa, Abuja.

Though, specific date for the exercise was not quoted as he, however, stressed that occupants of some of the properties, would be accorded ‘right of first refusal’ before the general auction begins.

Bawa, who enumerated the major achievements and innovations recorded by the anti-graft agency, advanced that the Commission had secured an unprecedented 3615 convictions between January and December 9, 2022, leapfrogging the 2220 convictions recorded in 2021.

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Similarly, he revealed that by the end of October this year, the EFCC recorded over N134billion and $121million in monetary recovery, apart from the N354billion it confiscated from an oil company in unpaid royalties.

While ascribing the sterling feat to the dedication of his personnel, he also appreciated the support of both the government and the judiciary.

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