Nairobi-based investment bank Genghis Capital is in trouble after a South African businessman instructed auctioneers to seize its office equipment for sale over a debt of $2.74 million (about Sh354.55 million).
Moran Auctioneers has already put up for sale office furniture, television sets, laptops, cabinets and printers in a bid to recover the debt owed to South African businessman Auswell Mashaba.