The Economic and Financial Crimes Commission (EFCC) on Monday rejected an offer of N13.1 billion from a bidder for a forfeited property in Lagos State.
The property comprising 24 units of luxury flats located in Banana Island, an affluent part of Lagos State, was put on sale as a single unit in an ongoing auctioning exercise the EFCC is conducting on forfeited assets across the country.
The original owners from whom the assets were recovered were not disclosed.