Newsroom Nigeria
  • Home
  • About Us
  • Advert Rates
Sunday, February 5, 2023
  • Login
Advertisement
  • Home
  • News
  • Business
  • Politics
  • Sports
  • Entertainment
No Result
View All Result
  • Home
  • News
  • Business
  • Politics
  • Sports
  • Entertainment
No Result
View All Result
Newsroom Nigeria
No Result
View All Result

EFCC Conducts Public Auction of Over 400 Cars in Lagos

The items are available in four locations: 40, Bourdillon Road, Ikoyi, Lagos; 15A Awolowo Road, Ikoyi, Lagos; 14 Cameroon Road, Ikoyi Lagos and CVU Obalende, Ikoyi, Lagos. 

Newsroom Nigeria by Newsroom Nigeria
December 7, 2022
Reading Time: 2 mins read
EFCC Conducts Public Auction of Over 400 Cars in Lagos
Share on FacebookShare on Twitter

The Economic and Financial Crimes Commission, EFCC, has commenced the auction of a total of 435 cars, which are subjects of final forfeiture orders in Lagos, in line with the EFCC (Establishment) Act 2004; Public Procurement Act 2007 and the Proceeds of Crimes (Recovery and Management) Act 2022

The exercise scheduled to take place across the Commands of the Commission, started on Tuesday, December 6, 2022 in Lagos with inspection of items by members of the public, while the auction exercise began today, Wednesday, December 7 and continues on Thursday, December 8, 2022.

The items are available in four locations: 40, Bourdillon Road, Ikoyi, Lagos; 15A Awolowo Road, Ikoyi, Lagos; 14 Cameroon Road, Ikoyi Lagos and CVU Obalende, Ikoyi, Lagos.

This Might Also Interest You

OJUELEGBA ACCIDENT: SANWO-OLU DIRECTS TRIAL OF TRUCK OWNER, DRIVER 

Gov Fintiri’s Wife Rescues Accident Victims Along Yola Road, Pays Hospital Bills

Opebi-Ojota-Mende Link Roads Completion: Julius Berger Launches major Beams, Begins Countdown

8,642 Vehicles, 18,537 Okadas Impounded for Traffic offenses in Lagos in 2022

Speaking during the opening ceremony yesterday, Dr.George Ekpungu, Secretary to the Commission and Chairman, EFCC Asset Disposal Committee, ADC, said: “the exercise, which is the first of the planned auction of forfeited properties across EFCC Zonal Commands and EFCC Headquarters, is being carried out in accordance with the (Establishment) Act, 2004, Public Procurement Act, 2007 and Proceeds of Crimes (Recovery and Management) Act, 2022.

“It is being conducted in conjunction with the Bureau of Public Procurement to ensure compliance with all extant laws”.

While welcoming the auctioneers to the Centre, he expressed his gratitude to sister agencies, including the Nigerian Army, who were invited to provide adequate security and ensure orderliness.

Ekpungu also appealed to the members of the public present at the auction to listen carefully to the auctioneers and comply with all stipulated guidelines.

The nine  auctioneers  who were allocated to the Lagos Zonal Command of the EFCC to dispose of the 435 cars at designated Centre on 14 Cameron Road , Ikoyi , Lagos are Rihanna Auction Limited; Kamyus Consult Limited; Areogun Resources  Limited; BIS N JEG;Integrated Services Nig.Ltd;Mau & Sons Ltd.; Langar Aghaji & Co.; Fagobe Company Ltd and Musa Kira and Co.

 

The cars, which pictures were conspicuously displayed with allocated lot numbers for public inspection, were allocated to auctioneers based on assessed values and open ballot system.

The display was to provide an opportunity for interested bidders to view and indicate interest in any car of their choice.

Previous Post

HOW TINUBU DISAPPOINTED ME IN CHATHAM HOUSE APPEARANCE

Next Post

JULIUS BERGER MANAGING DIRECTOR GETS HIGHEST CIVIL AWARD OF RIVERS STATE GOVERNMENT

Related Posts

OJUELEGBA ACCIDENT: SANWO-OLU DIRECTS TRIAL OF TRUCK OWNER, DRIVER 
Metro

OJUELEGBA ACCIDENT: SANWO-OLU DIRECTS TRIAL OF TRUCK OWNER, DRIVER 

January 31, 2023
Gov Fintiri’s Wife Rescues Accident Victims Along Yola Road, Pays Hospital Bills
Metro

Gov Fintiri’s Wife Rescues Accident Victims Along Yola Road, Pays Hospital Bills

January 29, 2023
Opebi-Ojota-Mende Link Roads Completion: Julius Berger Launches major Beams, Begins Countdown
Metro

Opebi-Ojota-Mende Link Roads Completion: Julius Berger Launches major Beams, Begins Countdown

January 21, 2023
8,642 Vehicles, 18,537 Okadas Impounded for Traffic offenses in Lagos in 2022
Metro

8,642 Vehicles, 18,537 Okadas Impounded for Traffic offenses in Lagos in 2022

January 2, 2023
LAWAL, SDP GUBER CANDIDATE PARLEYS WITH JOURNALISTS, RESTATES COMMITMENT TO RESTORE KWARA’S GLORY
Metro

SDP GUBER CANDIDATE, HAKEEM LAWAL FELICITATES WITH KWARANS, PREACHES LOVE, TOLERANCE AT CHRISTMAS

December 26, 2022
Breaking: Lagos Assembly Passes ₦1.768Trn 2023 Budget
Breaking News/News

Breaking: Lagos Assembly Passes ₦1.768Trn 2023 Budget

December 12, 2022
Next Post
JULIUS BERGER MANAGING DIRECTOR GETS HIGHEST CIVIL AWARD OF RIVERS STATE GOVERNMENT

JULIUS BERGER MANAGING DIRECTOR GETS HIGHEST CIVIL AWARD OF RIVERS STATE GOVERNMENT

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Cash Agony: CBN Orders Banks To Pay New Naira Notes Over The Counter

SALE, ABUSE OF NAIRA: IGP ORDERS  ARREST OF VIOLATORS

February 3, 2023
Redesigned Naira Notes: ICPC arrests Bank Officials in Abuja, Osogbo

Redesigned Naira Notes: ICPC arrests Bank Officials in Abuja, Osogbo

February 3, 2023
EFCC Grills Actress Over Spraying, Stepping On New Naira Notes

EFCC Grills Actress Over Spraying, Stepping On New Naira Notes

February 3, 2023
MARWA CHARGES RELIGIOUS LEADERS TO PREACH ANTI-DRUG SERMONS

MARWA CHARGES RELIGIOUS LEADERS TO PREACH ANTI-DRUG SERMONS

February 3, 2023
N13b Judgment Debt: GTBank Takes Over Stallion Nigeria’s Assets

N13b Judgment Debt: GTBank Takes Over Stallion Nigeria’s Assets

February 3, 2023
  • Home
  • About Us
  • Advert Rates

© 2022 Newsroom Nigeria is published by Newsroom Communication Services, a Media and Communication Company.

No Result
View All Result
  • Home
  • News
  • Business
  • Politics
  • Sports
  • Entertainment

© 2022 Newsroom Nigeria is published by Newsroom Communication Services, a Media and Communication Company.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In