EFCC Conducts Public Auction of Over 400 Cars in Lagos

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Aerial view of prospective buyers of the EFCC Confisticated Vehicles on Auction

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;

 

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.

 

This information was contained in a series of tweets by the Economic and Financial Crimes Commission, EFCC on its verified Twitter handle on Thursday, 7th of December, 2022.

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