The Economic and Financial Crimes Commission (EFCC) has announced plans to auction off over 850 cars forfeited to the federal government across various locations in the country.

The cars, which range from luxury vehicles to mid-range Toyota Camry, were recovered by the EFCC in the course of its investigations into various financial crimes, including corruption, money laundering, and cybercrime.

A statement issued by the command on Monday said the auction is in line with the EFCC (Establishment) Act, 2004, Public Procurement Act, 2007 and the Proceeds of Crime (Recovery & Management) Act, 2022.

SolaceBase reports that the auction is scheduled to take place in various locations across the country including Lagos, Abuja, Port Harcourt, and Kano, and will be conducted by the command in collaboration with appointed auctioneers.

The EFCC disclosed that the online auction will take place from January 20 to January 27, 2025 and to facilitate the sale, the agency listed accredited auctioneers and provided designated platforms where interested buyers can participate.

According to the statement, the commission has called on interested members of the public to participate in the auction, promising that the process will be transparent and fair.

The approved auction websites include https://www.rihogo.com, https://biznjeg.ng and https://www.areogunresourcesniglid.com.ng

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The statement reads: “The General Public is hereby notified that the @officialEFCC through its appointed Auctioneers will conduct e-Auction of the under-listed vehicles that are subject of final Forfeiture orders in accordance with the EFCC (Establishment) Act, 2004, Public Procurement Act, 2007 and the Proceeds of Crime (Recovery & Management) Act, 2022.”