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Auctioneers descend on Posta over failure to pay trader Sh20m

General Post Office in Nairobi where auctioneers descended on October 30, 2019. FILE PHOTO | NATION MEDIA GROUP

What you need to know:

  • The businessman Mr Gerald Kamondo Njuki had sued the State corporation claiming Sh205 million compensation but the amount was slashed to Sh20m.
  • Njuki's Geka General Supplies had been leased a parcel of land by the corporation in Thika for a period of five years but the parastatal failed to perform on its part.
  • Posta has filed an appeal to challenge the award.

Auctioneers have attached property and office equipment of the Postal Corporation of Kenya popularly known as Posta for failing to pay a businessman over Sh20.3 million for breach of contract.

Mbusera Auctioneers descended on the corporation’s property at the General Post Office in Nairobi and proclaimed property ranging from office equipment to motor vehicles.