Twenty-six bidders on Wednesday emerged winners of different properties as the ongoing sales of confiscated real estate comprising apartments and land by the Economic and Financial Crimes Commission, in Abuja, run on the fourth day.

In the session, a total of 39 properties were offered for sale in Lot 5, located in different parts of the Federal Capital Territory, through a public bidding process. The exercise that began at 10 a.m. lasted until 8:30 p.m.

The anti-corruption agency in a statement on Thursday noted that at the end of the exercise, a total of 26 offers were successful, while 13 properties were not taken due to non-compliance with the guidelines or the highest offer did not reach the reserve price, or for tie as it happened with the property that appears with the number 33 of the Lot, they were reopened to new offers until Monday, January 16, 2023, the opening date of the same.

Other properties affected by this new public offering are listed under the numbers: 1, 3, 4,5,6,10,15,18,29,30,31 and 34 in Lot 5.

EFCC CEO Abdulrasheed Bawa, who witnessed the exercise, expressed his enthusiasm for the well-organized and coordinated event, and thanked the bidders for their cooperation.

Bawa said: “The process we are adopting is the one that is practiced all over the world. We had appraisers appraise the properties and we already know the value of each property and we hope to sell to the highest bidder that exceeds our reserve price because we need to raise money for the Federal Government to execute and complete some of the major infrastructure projects. through the country.

“We get feedback from people asking why we don’t do it online so more people can participate. We have tried all of that and now we are left to use discretion to work out methods that will help make the process more transparent for all Nigerians to see.”

The EFCC noted that one of the bid winners, Chetanna Chukwudo, praised the Commission for a job well done and urged it to keep up the good work as Nigerians expect a lot from it. “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 organizers,” she said.

PUNCH reports that six bidders came out on Tuesday as winners of different properties.

On Monday, bidders ran into a brick wall during the opening event for the sales at the National Open University of Nigeria, Jabi Abuja.

This follows the closing of bids for the sale of properties that are subject to Final Forfeiture Orders.