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Lagos Auctions Forfeited Vehicles, Sells Toyota Corolla For ₦6.5 Million - Politics - Nairaland

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Lagos Auctions Forfeited Vehicles, Sells Toyota Corolla For ₦6.5 Million by ijustdey: 6:40pm On Feb 16
[quote]Describing it as corrective, the Lagos State government, last week, auctioned vehicles impounded by the state’s task force for flouting traffic regulations, especially driving against traffic.

The offenders were earlier charged to a mobile court and their vehicles forfeited to the government.

On Wednesday, the state’s Ministry of Justice and the Lagos State Task Force offered the over 100 vehicles to highest bidders. One of the exotic cars up for auction, a red Toyota Corolla car, went for N6.5 million as the stake kept rising against the determined car owner’s decision to have his prized vehicle back, which The Guardian learnt belonged to a company.

From an opening bid of N750,000, the bid kept jerking up as the crowd of auctioneers, agents, buyers and the car owner tried to outwit one another as the highest bidder before the bid closed at N6.5 million, more than double the market price of a used vehicle of the make.

However, a woman was lucky as she repurchased her forfeited car with N140,000, after relentlessly appealing to all present to let her alone bid for the vehicle. But luck ran out for another woman too, as she stared blankly after all efforts to bid for her car within her reach failed. Her Toyota Camry car was auctioned for N1,150,000.

Other vehicles auctioned included a Nissan Murano at N1 million, Cabster cabin truck for N1,930,000, a Toyota Corolla for N660,000, a Mack truck went for N2.7 million and a commercial bus for N400,000.

The Guardian learnt some of those who gathered at the task force junk yard in Alausa were there to trade as licensed auctioneers, who would win bids for the cars and later resell to original owners with some extra money added. Many of the over 100 cars up for auction were commercial buses, popularly called Danfo, trucks, vans and regular private cars.

Once a bid was concluded, winners were expected to make a down payment of non-refundable 40 per cent with the balance to be paid two days later, else the bid would be cancelled.

The Lagos task force chairman, Shola Jejeloye, said the process was all about a corrective action for Lagosians to comply with the traffic offences and avoid the task force confiscating their vehicles and charging them to court.

“Even for us, it is not an easy process. It is corrective rather than punitive measure and the process is fair and transparent from the point of arrest to the court and now to auction. We urge motorists to be abreast of the laws of the state, and particularly avoid driving against traffic.”

The coordinator of Mobile Courts at the Ministry of Justice, Mrs Arinola Ogbara Banjoko, said victims are allowed to defend themselves in court and if they provide genuine evidence and the court is satisfied, they would be let go but if found guilty beyond reasonable doubt, the cars would be forfeited to the state.

“Our aim is not to trade in cars, but for citizens to obey the laws and stop plying prohibited routes,” she added.

https://m.guardian.ng/news/lagos-auctions-forfeited-vehicles-sells-toyota-corolla-for-n6-5m/

4 Likes 1 Share

Re: Lagos Auctions Forfeited Vehicles, Sells Toyota Corolla For ₦6.5 Million by capitalzero: 6:53pm On Feb 16
If you bid for seized cars in Nigeria, pray that owners of such cars do not belong to criminal gangs . Your life may go for it.

395 Likes 24 Shares

Re: Lagos Auctions Forfeited Vehicles, Sells Toyota Corolla For ₦6.5 Million by LMS1(m): 7:00pm On Feb 16
Dat Dirty Corolla For N6m?
I For Beta Buy 3 New Nissan Micra Take Do Taxi For Ibadan.
Smh...

213 Likes 8 Shares

Re: Lagos Auctions Forfeited Vehicles, Sells Toyota Corolla For ₦6.5 Million by cchub: 7:01pm On Feb 16
Govt agents increasing their audio bid to cashout high.
Tueh

23 Likes 2 Shares

Re: Lagos Auctions Forfeited Vehicles, Sells Toyota Corolla For ₦6.5 Million by anibi9674: 7:14pm On Feb 16
this approach should not near portharcourt or else problem go dey.

33 Likes 2 Shares

Re: Lagos Auctions Forfeited Vehicles, Sells Toyota Corolla For ₦6.5 Million by Kzinne: 7:16pm On Feb 16
,

1 Like 2 Shares

Re: Lagos Auctions Forfeited Vehicles, Sells Toyota Corolla For ₦6.5 Million by Maxymilliano(m): 7:31pm On Feb 16
I'm quite sure they fixed auctioneers there to inflate the prices so the owner will bid at higher price in an attempt to win back his or her vehicle

The penalty is inhumane.

216 Likes 11 Shares

Re: Lagos Auctions Forfeited Vehicles, Sells Toyota Corolla For ₦6.5 Million by inoki247: 7:32pm On Feb 16
Na brand new ..

is either the people in charge of the bidding use juju for the bidder or na game plan to discourage the owner

39 Likes 5 Shares

Re: Lagos Auctions Forfeited Vehicles, Sells Toyota Corolla For ₦6.5 Million by yusluvad(m): 7:39pm On Feb 16
Just be careful while dealing with such sales.

For your NORD VPN check my signature...

8 Likes

Re: Lagos Auctions Forfeited Vehicles, Sells Toyota Corolla For ₦6.5 Million by YorubaPrince: 7:40pm On Feb 16
embarassed
Re: Lagos Auctions Forfeited Vehicles, Sells Toyota Corolla For ₦6.5 Million by jawalis(m): 7:40pm On Feb 16
Scammers.
Modified: after reading some comments here, I concluded that some people only read but they don’t understand. You all kept shouting 6.5m is too much for the car like it was the initial label.
Here’s it. That car was auctioned for a very subsidized price but there are lots of competitors struggling to get that exact car and therefore the price keep adding up just to scare people away till it reached 6.5m. That’s just it. If the competition for that same car increase, then the price may as well be inflated to 7m till someone get it or people stop struggling for it.

38 Likes 2 Shares

Re: Lagos Auctions Forfeited Vehicles, Sells Toyota Corolla For ₦6.5 Million by momodub: 7:40pm On Feb 16
See gobe
Re: Lagos Auctions Forfeited Vehicles, Sells Toyota Corolla For ₦6.5 Million by bukkysam(f): 7:40pm On Feb 16
Another man's sweat. oga o

21 Likes 2 Shares

Re: Lagos Auctions Forfeited Vehicles, Sells Toyota Corolla For ₦6.5 Million by OmovuduTheBeast(f): 7:40pm On Feb 16
How could that red corolla go for 6.5 millicent?

4 Likes 1 Share

Re: Lagos Auctions Forfeited Vehicles, Sells Toyota Corolla For ₦6.5 Million by YorubaPrince: 7:40pm On Feb 16
LMS1:
Dat Dirty Corolla For N6m?
I For Beta Buy 3 New Nissan Micra Take Do Taxi For Ibadan.
Smh...

See Ibadan pesin mentality! grin

17 Likes 2 Shares

Re: Lagos Auctions Forfeited Vehicles, Sells Toyota Corolla For ₦6.5 Million by GayPontiff: 7:40pm On Feb 16
Owuya.

Ndi iberibe.

Simply say they just didn't want the owner to reclaim his car and outwitted him, because nobody wey head correct go buy that car for that amount.

14 Likes 1 Share

Re: Lagos Auctions Forfeited Vehicles, Sells Toyota Corolla For ₦6.5 Million by fabolouz1(m): 7:40pm On Feb 16
Who ever bought for such amount was high on drugs.

20 Likes

Re: Lagos Auctions Forfeited Vehicles, Sells Toyota Corolla For ₦6.5 Million by Y2ffarms: 7:41pm On Feb 16
It is well with Lagos state and Nigeria.


Meanwhile we sell quality day old chicks from reputable hatcheries across the country at affordable prices.

We deliver nationwide.

Check our thread/signature.

1 Like

Re: Lagos Auctions Forfeited Vehicles, Sells Toyota Corolla For ₦6.5 Million by Mokason288(m): 7:41pm On Feb 16
The wickedness in this Nigeria is too much

If it were your brother or sister will you auction his vehicle like that to the highest bidder

This is pure Evil


I HOPE I MADE SENSE

15 Likes 1 Share

Re: Lagos Auctions Forfeited Vehicles, Sells Toyota Corolla For ₦6.5 Million by Deathisfree: 7:41pm On Feb 16
Corola na gold

2 Likes 1 Share

Re: Lagos Auctions Forfeited Vehicles, Sells Toyota Corolla For ₦6.5 Million by Decolonel(m): 7:41pm On Feb 16
#6.5 million naira for corolla as auction?. Una dey mad well well
Re: Lagos Auctions Forfeited Vehicles, Sells Toyota Corolla For ₦6.5 Million by seyz91(m): 7:41pm On Feb 16
grin
Wyry:
Nigerian girls are useless.
Re: Lagos Auctions Forfeited Vehicles, Sells Toyota Corolla For ₦6.5 Million by Antoeni(m): 7:42pm On Feb 16
Lagos Bazaar
Re: Lagos Auctions Forfeited Vehicles, Sells Toyota Corolla For ₦6.5 Million by TANID(m): 7:42pm On Feb 16
Re: Lagos Auctions Forfeited Vehicles, Sells Toyota Corolla For ₦6.5 Million by BRIGHTRIVERS(m): 7:42pm On Feb 16
Daylight robb ery. Vehicles like this should be subsidized

4 Likes

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