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Akamba assets auctioned to recover Sh168m debt

Some of the assets of the collapsed bus operator, Akamba Bus Company, have been auctioned to recover debt. Photo/File

One of the assets of the fallen Akamba Public Road Services has been auctioned by the Kenya Commercial Bank (KCB) over a Sh168 million loan.

The property in Nairobi’s Industrial Area, which used to house the bus company’s storage and workshop sheds, was sold two weeks ago in a public auction to Nails & Steel Products Company Ltd for Sh130 million.

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