Just In: EFCC Begins Auction Of 244 Seized Vehicles

The Economic and Financial Crimes Commission (EFCC) has begun the process of auctioning of 244 vehicles forfeited to the federal government by illegal oil dealers.

Naija News learnt that the exercise was flagged-off by the commission’s secretary, Ola Olukoyede, together with a team of senior officers of the EFCC.

The initial auctioning processes took off at the premises of the Police Officers Wives Association, POWA’s open ground in the old Government Reservation Area, G.R.A, Port Harcourt, Rivers State.

The processes involved allocation of bidding slots to registered auctioneers. Eleven (11) registered auctioneers were shortlisted for the exercise and they include: Musa Kura & Co; FSS Nigeria Limited; Auspex Global Ssrvices; Jfdor International Limited; JN Enedo Nig. Ltd; Jagsul Nigeria Ltd; Soldap Integrated System; Fagobe Company Ltd; Amijapp Nigeria Ltd, Rihago Auctioning Ltd and Tojugnonyen Auctioneering Co. Ltd.

Naija News Understands that the vehicles being publicly auctioned were forfeited to the government through the ruling of a Federal High Court sitting in Port Harcourt, Rivers State.

The forfeiture order was  also granted by Justice I. M Sani on July 5, 2019. The auction of the vehicles is being conducted by the EFCC in conjunction with the Deputy Chief Registrar of the Federal High Court and the Department of Petroleum Resources.