The Economic and Financial Crimes Commission has commenced the sale of forfeited real estate assets.
The apartments in Ikoyi, Lagos, are expected to be sold as a single unit, said EFCC spokesperson Wilson Uwujaren. As other bidders did not make the reserve price, EFCC Secretary, George Ekpungu announced fresh bids for the properties in Lot 1.There were no successful bids in Lots 2 and 3, thus remaining open until Wednesday. The bids will open on Thursday.
Current occupants of the properties for sale have the Right of First Refusal, while former owners are barred from repurchasing by proxy.“We will take appropriate action, including possible prosecution”, Ekpungu added.
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