City hall to auction debtors’ property, recover Sh47bn

City hall is set to auction property of its debtors and seize business premises in a bid to recover SH47bn owed to it in rate defaults.

Town Clerk Roba Duba said the council has prepared a list of 1000 business premises and 2000 property owners whose premises the council would take control of after expiry of a 28 day grace period it granted on Monday.

Also see: Also read: Treasury bails out City Hall after default on Sh1.5b loan