EFCC shortlists 26 bidders for forfeited assets

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EFCC shortlists 26 bidders for forfeited assets

The Economic and Financial Crimes Commission has shortlisted 26 successful bidders in its ongoing sale of forfeited assets.

The sale, which is holding in Abuja, entered the fourth day on Thursday.

During the session, a total of 39 properties in Lot 5, located in different parts of the Federal Capital Territory, were offered for sale through a competitive bidding process. The exercise which commenced at 10am continued until 8.30pm.

The anti-graft agency in a statement on Thursday noted that at the end of the exercise, a total of 26 bids were successful, while 13 properties not taken either for non-compliance with the guidelines or the highest bid falling short of the reserve price, or due to a tie, were re-opened to fresh bids until Monday, 16 January 2023 when the bids will be opened.

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Other properties affected by this fresh bid offer are listed as numbers: 1, 3, 4,5,6,10,15,18,29,30,31 and 34 in Lot 5, according to the statement.

The Executive Chairman, EFCC, Abdulrasheed Bawa, who witnessed the exercise, expressed excitement at the well organised and coordinated event, thanking the bidders for their cooperation.

Bawa said, “The process we are adopting is what is practiced across the world. We had valuers who valued the properties and we already know the worth of each property. We expect to sell to the highest bidder who exceeds our reserve price because we need to raise money for the Federal Government to execute and complete some of the major infrastructural projects across the country.

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“We got feedbacks from people who are asking why we are not doing it online so that more people can participate. We have tried all of that and it is now left for us to use discretion to work with methods that will help the process to be more transparent for every Nigerian to see.”

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The EFCC noted that one of the bid winners, Chetanna Chukwudo , commended the commission for a job well done and urged it to keep up with the good work as Nigerians expect a lot from her.

 “I am happy today because it feels good to be a winner, nobody wants to lose. The process was thorough and transparent but in the end we won. I want to say well done to the organisers,“ he said.

The PUNCH reports that six bidders on Tuesday, emerged winners of different properties.

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