EFCC ACKNOWLEDGES AUCTION GLITCHES, VOWS TO ADDRESS COMPLAINTS


The Economic and Financial Crimes Commission (EFCC) has admitted to technical issues in its recent public auction of forfeited vehicles and pledged to review complaints from affected participants.

EFCC spokesperson Dele Oyewale acknowledged concerns such as website accessibility problems, participants being locked out after submitting bids, and reports of inflated prices. He attributed the challenges to overwhelming participation—exceeding four million bidders—and unstable internet services.

The commission clarified that while it monitored the auction, it could not directly intervene as it was handled by accredited auctioneers in line with legal provisions. EFCC assured the public that it is awaiting reports from the auctioneers and will review legitimate complaints to ensure fairness.

Despite the glitches, successful bidders without issues will receive their vehicles as scheduled. The EFCC reiterated its commitment to transparency and ensuring the nation gets full value for the forfeited assets.

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