Marshalls faces Sh1.2m asset auction

MARSHALLS EAST AFRICA SHAREHOLDERS AT A PAST ANNUAL GENERAL MEETING IN NAIROBI. PHOTO | FILE

Troubled car dealer Marshalls East Africa is fighting attachment of its assets by public relations firm Ogilvy which wants to recover Sh1.2 million it claims arose from the promotion of the 2007 Marshalls Total Motor Show.

Marshalls says it has appealed magistrate Peter Muholi’s decision to award Ogilvy the Sh1.2 million, but that the public relations firm has already lined up assets to be auctioned to recover the disputed award.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.