KRA announces mass property auction including 194 high-end cars; how to pace bid

The Kenya Revenue Authority (KRA) has invited interested bidders for its auctioning exercise scheduled for two days beginning June 28, 2022.

The exercise which involves 194 vehicles will be conducted at the Inland Container Depot (ICD) in Nairobi.

“A mega Customs Public Auction is set to happen at Inland Container Depot (ICD) Nairobi, on 28th and 29th June 2022,” said KRA on its Twitter page.

The vehicles include various Toyota models including Prados, Land Cruiser, Corolla, Double Cabin, Condor station wagon, and Hilux. Other models include Mercedes, Nissans, Mazdas, a Peugeot 504, and Subarus.

The goods set for auction were published on a Gazzette notice. It comprises details regarding the vehicles such as lot number, ship name and date, date of arrival, container/chassis marks and number, container size, consignee, manifest number and bill of lading number.

“Pursuant to the provisions of section 42 of the East African Community Customs Management Act, notice is given that unless the undermentioned goods are entered and removed from the custody of the Customs Warehouse Keeper, Kilindini, within thirty (30) days of this notice, they may be sold by public auction on June, 28, 2022 and June 29, 2022.”

How To Bid

interested bidders will have to physically make an appearance at the Inland Depot.

A document containing prices of the vehicles and assorted items will be handed to qualified bidders.

In order to obtain a bidding number, one must pay a refundable deposit based on the vehicle model in form of a banker’s cheque, which will be disclosed at the start of the process.

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Lawrence Baraza

Lawrence Baraza is a dynamic journalist currently overseeing content at Metropol TV Digital. With a keen focus on business news and analytics, Lawrence guides the platform in delivering insightful, data-driven content that empowers its audience to make informed decisions. Lawrence’s commitment to quality and his ability to anticipate market trends make him a key figure in the digital media landscape. His work continues to shape the way business news is consumed, making a significant impact in the field.

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