EFCC extends bids for some forfeited assets

The sale of forfeited real estate assets by the Economic and Financial Crimes Commission (EFCC) through sealed bids commenced, Monday January 9, 2023, at the premises of the National Open University, Jabi Abuja.

Spokesmann of the EFCC, Wilson Uwujaren said, however, none of the properties in the three Lots (Lots 1, 2 and 3) slated for sale by competitive bidding, were taken as the bids were unsuccessful.

The bidders either failed to match the reserve price or were disqualified for violation of the guidelines.

In view of this development, and in line with the Commission’s commitment to transparent disposal of the assets, EFCC is constrained to re-open fresh bids for the assets in the three lots as earlier advertised.

Prospective bidders for the assets in Lots 2 and 3 have until 5pm on Wednesday, January 11, 2022, to submit their bids while the bids will be opened Thursday, January 12, 2023.