TROOPS ARREST SUSPECTED KIDNAPPER, RECOVER AK-47 RIFLE ALONG BENIN–SAPELE ROAD. (PHOTO). #PRESS RELEASE

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 TROOPS ARREST SUSPECTED KIDNAPPER, RECOVER AK-47 RIFLE ALONG BENIN–SAPELE ROAD Troops of 4 Brigade Nigerian Army, Operation WABAIZIGAN, have arrested a suspected kidnapper and recovered an AK-47 rifle and ammunition during a targeted operation along the Benin–Sapele Road in Ikpoba-Okha LGA of Edo State. The suspect, identified as Olamide Oyeniyi, was arrested on 12 September 2026 at Obaretin Community by troops conducting operations to disrupt criminal activities and safeguard major transportation routes within the area. Items recovered from the suspect include one AK-47 rifle, one magazine and eight rounds of 7.62mm Special ammunition. Other items recovered are one Tecno mobile phone, two bags, one torchlight, one music box and assorted charms. The suspect and recovered items are currently in troops’ custody for further investigation, while efforts are ongoing to establish his links to other criminal elements and determine his possible involvement in kidnapping and related activi...
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AUCTION OF VEHICLES: EFCC TO REVIEW COMPLAINTS AGAINST AUCTIONEERS. (PHOTO). #PRESS RELEASE.

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 Auction of Vehicles: EFCC to Review Complaints Against Auctioneers

 

The Economic and Financial Crimes Commission, EFCC, notes with concern the reported unsavoury experiences of some Nigerians who participated in the just concluded public auction of forfeited vehicles conducted by accredited auctioneers on behalf of the Commission.

 

Among the complaints received by the Commission were the inability of some citizens to access the websites of the auctioneers, being shut out from the platforms after submitting bids and outrageous bid prices, among others.

 

Relevant Departments of the Commission monitored the exercise and can confirm that there were glitches. This observation was communicated to the auctioneers for remedial action. The Commission could, however, not directly intervene while the exercise was ongoing because the process had been assigned to duly accredited and licensed auctioneers in line with provisions of Sections 4(a)(b) of the Proceeds of Crime ( Recovery and Management) Act, 2022 and Section 55 of the Public Procurement Act, 2007.

 

The complaints arising from the exercise are rather unfortunate and detracts from the plan of the Commission in settling for online auction which was designed to provide a platform for seamless and transparent participation by millions of Nigerians interested in purchasing the forfeited assets.

 

Without making excuses for the auctioneers, it is possible that the sheer number of participants in the exercise (over 4million) perhaps stretched the carrying capacity of the online facilities of the auctioneers, while unstable internet service in parts of the country exacerbated the challenge.

 

The Commission is currently awaiting the report of the auctioneers and assures that genuine complaints by members of the public will be reviewed to ensure that no one is short-changed in the exercise. Those who follow through the process without glitches and emerged winners will certainly be allocated their vehicles.

 

The Commission’s only interest in the public auction is to ensure that the assets are disposed of in the most transparent manner and the nation gets value for the assets. This cannot be compromised under any circumstance.

 

Comments

  1. Anonymous30 January 2025 at 10:20

    None of them can taste the goodness of Jehovah Almighty as most of those vehicles were nothing but a ripped off from the innocent ones.

    ReplyDelete

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