EFCC Begins e-Auction of Forfeited Vehicles: A Boost to Transparency and Accountability

By Usman A Harande

The Economic and Financial Crimes Commission (EFCC) is set to conduct an electronic auction (e-auction) of vehicles that have been forfeited to the federal government. This move is in line with the commission’s efforts to ensure transparency and accountability in asset recovery and management in Nigeria.

The e-auction, which will be conducted through authorized auctioneers, aligns with the provisions of the EFCC (Establishment) Act, 2004, the Public Procurement Act, 2007, and the Proceeds of Crime (Recovery & Management) Act, 2022.

Participation Guidelines and Vehicle Details

For those interested in participating in the e-auction, detailed information about the vehicles on auction and participation guidelines can be found on the EFCC’s official platforms or in the attached documents.

A Commitment to Transparency and Accountability

This initiative is part of the EFCC’s ongoing efforts to ensure transparency and accountability in asset recovery and management in Nigeria. By conducting an e-auction, the commission aims to promote openness and fairness in the disposal of forfeited assets.

Join the Fight Against Corruption

The EFCC’s e-auction initiative is a step in the right direction towards building a better Nigeria. By promoting transparency and accountability, the commission is helping to create a society where corruption is not tolerated. Join the fight against corruption and support the EFCC’s efforts to build a better Nigeria.

#TogetherAgainstCorruption #BuildingABetterNigeria

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