Bobloco: The Economic and Financial Crimes Commission has tackled the protesting bidders alleging irregularities in the car auctioning recently held in different locations across the country.
This development is coming on the heels of the conclusion of the exercise, which lasted between Monday, January 20 and Monday, January 27, 2025.
Upon conclusion, bidders shared screenshots on various social media showing outrageous amounts as bids, leaving room for many of them to back out on some of the deals.
The bidding ranged from N1 billion to N330 billion for mid-range and averagely sophisticated Lexus jeeps and SUVs.
Reacting, one user who identified as Daniel Momoh on X.com shared his frustrations, saying, “Dear @officialEFCC, it is a pity that you and your auctioneers cheated us out of a legitimate process we engaged in yesterday where I won four different vehicles, namely: Toyota Venza – 2,670,000; Lexus ES350 – 2,000,000; Lexus IS250 – 2,520,000 and Toyota – Camry – 1,500,000.
“I woke up this morning to see that my name has been replaced with another name, which blocked me from assessing the website via the account I opened before the bidding.”
Another user, who identified as #Kennylekel, wrote, “EFCC, the website for the official auction for the cars, suddenly brought out error 502 about 43 minutes to the end of the auction!! We hope it is not intentional to select your preferred bidders. I have been bidding since 11 am. Kindly respond.
One CIA on X.com also said, “This is just to fulfil all righteousness and to do some damage control. The cars listed here have been sold to their staff and cronies for very small sums. If you eventually buy it over from them, you’ll also be suspected and arrested for being a fraudster.”
Some of the auctioned vehicles. “The auction you conducted yesterday was a sham! In a bid to rig the system, the incompetent auctioneers you engaged allowed a bid of N350,000,000,000 for a Lexus RX 350 Jeep. It’s not a glitch. It’s a deliberate attempt to gate-keep others from bidding,” a user who identifies as Baron El’Sama opined.
Also, a user on X.com said, “I’ve just seen magic happen right before my eyes. A C300 with lot number ADC/BEN/AU/98 that I bid on and won at N5,570,001 just vanished from the auction site. EFCC, una well done.”
In his remark, a user on Facebook who identifies as Aromeh Joshua said, “EFCC auction: Checked two of the Lagos Auctioneers, and their website is (Resource Limit is Reached) temporarily unavailable. A few were hurriedly put together.”
Another user who wrote with name, Hafiz Bawa, on X.com wrote, “Dear @officialEFCC, I am reporting alleged fraudulent activity earlier today during the motor vehicle auction that raises serious concerns about fairness and integrity. It appears that the highest bidder and a “short bidder” colluded to manipulate the auction.
“The highest bidder placed excessively high bids to inflate the price, knowing they would not pay. Under the auction terms, this allowed the short bidder, who had the second-highest bid, to win at an inflated price. This tactic disadvantaged legitimate bidders and exploited the rules, undermining the auction’s fairness. I urge an immediate investigation into this matter.”
“I have seen seven people come out here to accuse the @officialEFCC of committing fraud through this auction. I have yet to see anyone come out to say they actually got the car they bid for. And yet, the institution isn’t addressing the crime that has been carried out. We need to do better,” one user who identifies as Tchalla Kingsman noted.
“Those that are alleging non-transparency are just being economical with the truth. The auction process was electronic and open bidding. There is no way of any extraneous influence or intervention. The allgation is unfounded, it can neither be supported by fact nor logic. Everybody that participated gave a remark that they were able to get; some even said they were outbid.”
Reacting to the allegations in a telephone conversation, EFCC’s spokesperson, Dele Oyewale, said the agency has no hand in the process because the auction procedure was handed over to government-licenced auctioneers.
He maintained that some people could have bid outrageous money to frustrate the process, stressing that it might be deliberate sabotage.
“It is betweeen the auctioneers and the bidding public, it has nothing to do with us. We did not interfere in any of the processes at all,” he noted.
He further challenged the public to bring proof of compromise, adding that not even his close ones could get his influence to secure a vehicle in the auctioning process.
The cars, ranging from luxury vehicles to mid-range Toyota Camry, were recovered by the EFCC in the course of investigations into various financial crimes, including corruption, money laundering, and cybercrime.
EFCC explained that the auction was in line with the EFCC (Establishment) Act, 2004, Public Procurement Act, 2007 and the Proceeds of Crime (Recovery & Management) Act, 2022.
The auction, according to the statement, is scheduled to be held in various locations across the country, including Lagos, Abuja, Port Harcourt, and Kano, and will be executed by the EFCC in collaboration with appointed auctioneers.
According to the statement, the commission has called on interested members of the public to participate in the auction, promising that the process will be transparent and fair
Roboto11: If that doesn’t sound true, it’s probably because it’s not, according to The Guardian.
A September report from USAID for the fiscal year 2023 (the most recent year for which there is available data) found that USAID spent $60.8 million on contraceptives and condoms, with only $7 million of that going toward condoms specifically.
None of those condoms went to Gaza, and in fact, USAID didn’t distribute condoms anywhere in the Middle East. Just one small shipment of oral and injectable contraceptives was sent to Jordan.
Oga......if you have ever been within 10 miles of the Pentagon and State Department in Washington DC you will know that Nigerian corruption is a baby in diapers when it comes to ''the more you look, the less you see" shenanigans going on in these US govt departments.........just the pentagon alone has an annual budget approaching 1 trillion dollars! na funny contractors and emergency businessmen full that area of DC...............supplying $120 Walmart camp beds to the US Army for $12,000 .............no audit of the Pentagon has ever balanced in the last 40 years! American greed is out of this world!
1. Released a shipment of HEAVY (1 ton) bombs to Israel, Held by Biden Administration.
Make no Mistakes!! These Weapons are not for decorations. They will be used to Totally wipe out ISRAEL'S Enemies.
2. Supported IDF forces remaining in Lebanon beyond the 60 days stipulated in the ceasefire agreement.
3. Signed an order to deport Hamas supporters in the U.S. on student visas.
4. Returned the Houthis to the list of terrorist organizations.
5. Lifted economic sanctions on settlers in the West Bank.
With More on the Way..
For those who dont Understand! Trump is a tool in GOD'S Hand to Fufill Major Endtimes Bible PropheciesESPECIALLY ON ISRAEL. THE NATION OF ISRAEL IS THE FOCAL POINT OF THE ENDTIMES
Trump Presidency will bring about the Wiping out of Hamas ,Hezebollah and all Terrorists group SURROUNDING ISRAEL and Probably the Striking of Iran's Nuclear all by ISRAEL.
ISRAEL would then be in a kind of Peace and Security and Prosperity as Prophecised by Prophet Ezekiel in Ezekiel 38 and 39.
In times to come, very Probably after the Trump Dispensation,The likes of Russia , Turkey, Iran , Libya will lead a Collation of other Nation to Invade ISRAEL from the Northern part, for ISRAEL'S WEALTH in what the Prophet Ezekiel calls the GogMagog War.
ISRAEL will be Heavily Invaded and will be almost choked. but then the World will see , Know and Understand that ISRAEL is GOD'S CHOSEN and COVENANT Nation. As GOD ALMIGHTY WILL PERSONALLY WIPE OUT, DESTROY AND BURY THESE NATIONS and Invaders. IT WILL TAKE 7MONTHS TO BURY THEM INSIDE ISRAEL
WE ARE THE ENDTIME GENERATION!! WE ARE LIVING IN THE BIBLICAL ENDTIMES!! WE ARE THE GENERATION THAT WILL SEE JESUS CHRIST. GET YOUR WAY RIGHT WITH JESUS CHRIST BEFORE IT WILL BE LATE.
Meanwhile Trump to Netanyahu :
I would be honored to host you as the first foreign leader during my second term .
,,,, and you sir are a tool in the hand of Satan...if you think The Most High is involved in the human sacrifice happening in Palestine, then you will not recognize Yeshua if he walks right into your sitting room!... Hamas was set up by Mossad sir to hound PLO and Arafat.......today they are gone and Isreal does not know what to do with their baby.........! You are a patently evil person if you support Israel throwing 1-ton bombs into marketplaces and schools!
GistMedia0: In shocking and heartbreaking footage that has emerged online, a wife was seen pinning down her husband and slapping him multiple times while he sobbed uncontrollably. The disturbing scene unfolded in a private room, with a man, believed to be a neighbor, seen trying to intervene, but the wife remained adamant in her actions, demanding her husband "shut up" as she continued her physical assault.
While the reason behind her furious rage remains unclear, the footage has sparked widespread outrage, drawing attention to the often-overlooked issue of domestic violence experienced by men at the hands of women. The shocking display of aggression and emotional cruelty has stirred a national conversation about the mistreatment and abuse that men sometimes face in relationships, bringing attention to the pressing need for discussions surrounding equality in domestic violence.
Kudos Soludo...Awka is beginning to rise and shine.........my only wahala with the pictures is the lack of an exit ramp from the high- speed Onitsha / Enugu highway to the entrance of the teaching hospital .................... the same mistake was made in designing the approach to the fun city entrance! Remedial action may save lives in the future!
Ofodirinwa: The Important of RAIL for Imo State's development.
We are reaching an Impass and it must be said now and become a focus for future generations. Imo State needs a rail connection from Onitsha to Aba that goes through Owerri. Here's why
1. All economic development is based on access and flow of markets. If you have access to sea, you will be richer than someone who does not. If you have access to river, you will not be as rich as the one with access to see, but you're above the one who does not. After river is rail and after rail is highway. After highway is street. after street is foot path. A community of all footpaths will never be richer than a community with paved road, and one with paved road and not access to rail will never beat one with access to rail. Why?
Because these different avenues can handle and encourage different volume of trade. If Owerri is linked to Aba and PH by rail, refineries worth billions will be built here. If not, they must go to PH or Aba. For this reason, Owerri cannot match Aba and PH in commercial activity and therefore development.
Rail increases are volume of trade to a city/state with SEA access like Lagos, Enugu, Aba, Kaduna, Abuja and PH. Most major Nigerian cities would be villages if not for rail access.
2. Owerri's money is in tourism and leisure. Can you image the volume of business the city would do if people can get on a train and arrive in Owerri after 20 mins, then leave by the end of the day? Tourists from Onitsha, Aba, PH, Enugu would flood in in droves.
3. Living. Owerri excels at lifestyle and modernity in comparison to surrounding towns. if there is a situation where a person can live in Owerri (spend their income in Owerri) but work in PH, Aba, Onitsha, then the city will become a major commerical hub
4. If i want to locate a factory in Owerri, Orlu or any city the rail will cross and I need resources from any part of Nigeria, I could get it by rail instead of road with it's potholes, go slows, kidnappers, checkpoints, bribes, car trouble etc. I can get it at high volume as well as sell our own at high volume. If somebody is making cars in Owerri and they recieve an order for 5000 cars to South Africa, you can send that in 1 day. Otherwise, this order is not even answerable.
5. Ease of life. A person from Anambra or Abia can land at Owerri airport, enter train, and reach their destination across the whole region.
The next thing Imo state needs is a rail connection that will like Owerri, Orlu, and Onitsha. Owerri should be aim towards being the transport hub for the entire Old East region. It already has the busiest airport, rail will take everything to the next level. It is expensive but is worth any price because that is what will put Owerri on par with PH (which we're arguably going to surpass soon), Aba, and even Lagos
Fantastic contribution as usual! The problem is that a lot of idle noise drowns out rational thought in most government houses in the southeast..........especially in the past! The current crop of governors appears to be the best thus far in the present republic! I want to ask a question if the governors of anambra, IMO, and Abia can raise 500 million dollars by equity and loans...which sector should we invest in first.........a brand new power plant near the IMO gas fields and transmission lines power the 3 states or increase the power generation capacity of geometric power in Abia and send power to the other states or like you said do a rail line connecting Onitsha to aba via Owerri!
Nnamdipapa: I hate tribalists and racists but you know the people I despise the most with a passion? THE HYPOCRITES who never take a STAND.
At least if you are a tribalist, try and be sincere with yourself and take a stand for your beluef and, you gain my respect for practicing what you preach.
Here it goes;
If you are and Igbo man who hates a Yoruba person, hates Nigeria but live in Lagos or any of the western states, I hate you and you are lower that a piece of shit.
If you are a yoruba person who hates the Igbos but love one Nigeria, against the dividing of Nigeria, you a a SCUM, a TURD, a SUB-HUMAN and lower than a piece of SHIT.
As much as I has tribalists, I utterly despise hypocrite who do not take a stand for their beliefs.
For me to respect you as a tribalists, you must hate one Nigeria, admire clamour for the secession of any part and live in your own region.
You cannot live in other region and claim to hate Nigeria.
You cannot work or do business in other region and claim to hate Nigeria.
You cannot hate other region and claim to love one-Nigeria.
You have to take a stand Mr Hypocrite and, practice what you preach.
I am angry this morning.
EISH!
here we go again........You cannot eat your cake and have it na! As an Igbo man, I do not hate the idea of Nigeria united by love and respect but I hate the idea of an oppressive and unfair Nigeria, that is what Igbos complain about all the time! What you do for Femi and Ahmed also do it for Emeka !
On the idea of an Igbo man living in Yorubaland and calling for Biafra........well! maybe Nigeria should leave Igboland they occupy unjustly and still fail to develop equally like other regions! na so na!
Solseal007: Relax bro, no national governments found any insurgence or terrorist, they may at one time use them or support them in an operation.
All these groups have religious ideologies or cause they are agitating for, it is not in the interest of any founder!
Trust me, I have read wide and study CT,
Governments don't found them, they may sometimes use them to achieve an objective for an operation.
please read and listen to alternative media........CNN and BBc will just leave you brainwashed........Go and watch 'The Duran' youtube channel for more balanced views!
bobdoe: Is Paul Kagame Sponsoring the War in DR Congo?
The relationship between Rwanda under President Paul Kagame and the ongoing conflicts in the Democratic Republic of Congo (DRC) is complex, layered with political, economic, and security considerations. This blog post aims to dissect the allegations and evidence surrounding the question of whether Paul Kagame is sponsoring the war in the DRC.
Historical Context
To understand the current dynamics, one must look back to the mid-1990s when Rwanda, under Kagame's leadership, intervened in Congo during what became known as the First and Second Congo Wars. These interventions were initially justified by Rwanda as necessary to combat the genocidal forces of the Interahamwe and former Rwandan army members who had fled to Congo after the 1994 genocide. However, over time, the narrative has shifted, with accusations that Rwanda's involvement was also economically motivated, aiming to control Congo's rich mineral resources.
The Role of M23
The M23 rebel group has been at the center of recent conflicts in eastern DRC. Named after the March 23, 2009, peace agreement they claim was not honored by the Congolese government, M23 has been accused of receiving support from Rwanda. The group, primarily composed of ethnic Tutsis, has occasionally captured significant territories, including major towns in North Kivu since their resurgence in late 2021.
Evidence and Allegations:
UN Reports: Multiple UN investigations have pointed to Rwandan military support for M23, including the supply of weapons, training, and even the presence of Rwandan troops fighting alongside M23 fighters.
International Criticism: Western countries, including the United States, have occasionally imposed sanctions on Rwandan officials accused of supporting M23.
Kagame's Denials: Despite these allegations, Kagame has consistently denied any involvement in supporting M23, often framing Rwanda's actions as defensive measures against threats like the FDLR (Democratic Forces for the Liberation of Rwanda), a Hutu militia in Congo with historical ties to the 1994 genocide.
The Economic Dimension
There's a significant economic angle to this conflict. Eastern Congo is rich in minerals like coltan, gold, and cobalt, crucial for modern electronics and renewable energy technologies. Accusations have been made that Rwanda benefits economically from the instability in DRC, either through direct exploitation or by supporting groups that control mining areas.
OLAADEGBU: Trump revives push to denaturalize US citizens.
No be the same yankee wey we all dey.?..its good and profitable to live and work in the US but to be deported back to your motherland is far from a death sentence........are our people not voluntarily returning from Canada and the UK...............? Nigerians should purge themselves of needless tribalism and build a nation devoid of rancour and our land will be blessed by The most High.....see the outrageous tribalism and sectarianism being practiced by APC under buhari and Tinubu.........very disgraceful!
helinues: Abeg is Billionaire now a chieftaincy title? How come all these billionaires dont make the list of the billionaires in any reputable media?
Those who have counted money before know how hard it's to get hundreds of millions not to talk of billions
Is it only in Yorubaland that we have billionaires in Nigeria?........you have claimed Lagos for Yorubas only! leave Ndigbo to enjoy her billionaires and multibillion-naira projects in peace! How this one take concern ndiskullars again!
YouAreNobody: Imo state houses a substantial quantity of gas, amounting to over 200 trillion cubic feet with an additional potential of 600 TCF. The state has the largest gas deposits in Nigeria and Africa
The southeast is sitting on gas deposits but the funny nigerian state has not found the region worthy of a high pressure gas pipeline to power her struggling domestic industries..........Africans are just a strange set of people! tomorrow the dame nigerians will expect massive VAT returns from the same southeast! Nnamdi Kanu was right aferall!..........naija na real zoo!
DMerciful: Deepseek got 1month of learning. Its astronomical to achieve this after just 1 month
I hear the deepseek model is even open source and developers have free access to the model...........to make matters worse for Chatgpt , deep seek can be trained with less than 7 million dollars while Chatgpt, an organization will need to cough out at least 100 million dollars for the same training!
ANSMEDIA: Update from the ongoing construction of Awka mall.
It is good that the government is patnering with the private sector on this project! The Market Square brand has almost overtaken the ShopRite brand in the mass retail sector, they own the Kilimanjaro and Sundry Foods brands too! Can Soludo also deploy the same strategy to finish the Nnewi mall? I am not sure what is even holding the Nnewi mall but Soludo should knock heads together and finish that mall..............the completion of that mall will generate more jobs for the youth in that axis!
ANSMEDIA: You are a very stoopid fellow! Go and look for a job, hanging out here every spewing nonsense is not a full time job! You spewing nonsensical gibberish that you know nothing about. Palms trees are being planted there but you let your ignorance and stooopidity overwhelm you!
You are an uncouth and uncultured fleabag.......and a foolish one at that! so what stopped you from pointing that out initially..! I am not under any duress to love soludo without conditions! It is our tax money he is spending...............just do your job and shut your trap when the need arises! You posted pix and clips without any close-up pictures, and I responded based on what I could readily observe....and you go off on my comment with your considerable feminine energy .....................I still maintain you must be out of your frigging mind!
You pay peanuts .........you will get monkeys as workers! What have you wicked nigerians invested in the southeast to expect any returns........no seaport, no international airport, no industries, but you want our over harassed businesses to pay VAT....ndigbo did not get to where they are by being stupid and foolish!
GistMedia0: An emotional moment occurred during a recent Nigerian Police College passing-out parade when a newly graduated female officer burst into tears upon seeing her family, who came to celebrate her achievement.
Dressed in her smart uniform, the young officer’s eyes welled up with tears as she spotted her family cheering her on. With emotions running high, she marched towards them, saluting as she approached.
Overcome with gratitude, she embraced her mother and other family members, placing her police beret on each of their heads as a symbol of respect for their unwavering support and love throughout her journey.
Good for her....this one seems to have a conscience sha......that is one thing I like about some of these devout Muslim homes,,, they bring up their kids well! Rich or poor! what you see is what you get! no be like these pastopreneurs wey dey pollute xtianity!
ANSMEDIA: You people like posting nonsense. This is a project still under construction and palm trees have already been planted though still at primary level of growth.
Nonsense! Because I expressed a valid opinion! It's either you are mad or you do not know what it means to be "Igbo"! you are a paid megaphone...I am certainly not one! Soludo is not our 'King'....he is an elected leader........I have every right to question him based on his policies! no make me vex dis morning o! Just continue with your Otimkpu business, whilst we ask the hard questions!
Solseal007: Oh damn !! Why do people spin conspiracy theories
Bros! you are very naive I must say....even your defense chief made the same claim that boko haram is sponsored by external forces...ON FRIDAY...2 days ago!
Who founded Hamas.........Mossad who founded Alqueada and taliban.........CiA who founded Isis and HTs.............Cia who founded ISWAP and boko haram........Cia and french intelligence!
do your research sir! You do not know the whiteman at all! a group of people that sold your ancestors for 300 years and colonized you for another 120 years...............zi know you are not a mumu man sha!
He is so dumb. He doesn’t have a clue of the long history of that area and that you don’t just relocate people out of their homeland
The new Adolf Hitler is here to carry out more ethnic cleansing, his black slaves will rejoice
Trump is a businessman...a real estate guru for that matter......he is a tough negotiator by nature and experience! What he is doing is making a first outrageous offer but I assure you he is aiming for a less controversial settlement! He did not become president twice by being dumb oga!
Oganigwe: God bless our gallant Udo Ka chi operatives! state policing if well implemented definitely pays off.
I'm also hearing very positive news about what the newly formed security outfit in Ihiala and Orsu are doing, several notorious kingpins of the terrorist groups causing havoc in those axis have been apprehended. it's always a brillant initiative to apply security measures from the grassroot.
your weak effort to link ESN operatives to the business of kidnapping will ultimately fail...............dis mumu left the fulanis who have been apprehended to froth in the mouth of a mystery arrest of ESN operatives! I blame Nnamdi kanu for starting the agitation in the first place...Ndigbo do not need rescue from naija bondage...what we need are prayers! very ungrateful and obnoxious people!
kettykin: If they arrived in a police vehicle, they are law enforcement agents. Open the door and gates so they can do their job. But are these not the same people overstepping their bounds? We’re talking about individuals who stood by, aloof and helpless, while Samuel Ekpa wreaked havoc for four years. They couldn’t even oppose a single sit-at-home order. Now, suddenly, they’re playing superheroes.
Any sacrifice to bring back absolute peace to the south east is good for the moment.
You are just being childish and your infantile naivety is so apparent! Simon Ekpa and Kanu are in detention...how come the sit-at-home has not collapsed? You dismiss the clear fact that the sit-at-home has tremendous support in the East.........Extricate your brain from your rump and think like a normal human being...this douche bag is somewhere outside Igboland typing this rubbish...like seriously! no come eastside yap this drivel!
Business › Re: Cash Withdrawal Chaos Frustrates Nigerians As ATMs Fail And POS Operators by Abufo: 11:37pm On Jan 29, 2025
