EFCC forfeited assets Auction: Nigerian auctioneers alleges impersonation

Nigerian Auctioneers Association Denounces Impersonation Amid EFCC Auctions
The Nigerian Auctioneers Association (NAA) has raised concerns over impersonation related to ongoing asset auctions conducted by the Economic and Financial Crimes Commission (EFCC). In a statement released Thursday, the association identified Benjamin Abhulimen Isibor as an individual falsely claiming to represent the NAA.
Alhaji Musa Kurra, the NAA president, emphasized that Isibor’s actions constitute impersonation. He reiterated that Kurra is the legitimate president of the NAA, having been elected during the National Delegates Conference in Ibadan, Oyo State, on October 28, 2023. This election was subsequently validated by a court ruling, affirming that any claims to the presidency by others are unauthorized.
Legal proceedings are currently underway at the National Industrial Court in Bauchi against Isibor for alleged impersonation.
The NAA expressed its support for the EFCC’s electronic auction system, crediting the agency’s chairman, Ola Olukoyede, for implementing a transparent and digitized method for disposing of forfeited assets. The association noted that the e-auction platform has been instrumental in eliminating corrupt practices and increasing public engagement in the process.
NAA members have participated in EFCC auctions across the country, and initial concerns regarding the auction process have been addressed collaboratively between the NAA and the EFCC.
The association made it clear that Isibor’s remarks do not reflect its official position and advised government entities, financial institutions, prospective bidders, and the public to disregard any statements made by him. It stressed that only auctioneers certified by the NAA are authorized to conduct public auctions in Nigeria.
Furthermore, the NAA has reported the impersonation case to relevant security and regulatory bodies for further investigation and urged media outlets to verify the identities of individuals claiming to represent the association through its National Secretariat.
In regard to the EFCC auction process, the NAA stated it has significantly improved transparency and accountability in the disposal of forfeited assets, while promptly addressing earlier operational challenges with professional recommendations.





