Chinese contractor faces asset auction in Sh158m debt row

Assets linked to a Chinese construction firm face auction over an unpaid Sh158 million court award.

Photo credit: Fotosearch

A Kenyan company has moved to attach and auction vehicles and other assets belonging to China Communications Construction Company in a bid to recover a Sh158 million disputed debt tied to the hiring of plant machinery.

The enforcement action follows a recent Court of Appeal ruling that gave the contractor a 30-day window to secure the decretal sum through an insurance bond or bank guarantee, failing which execution would proceed.

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