Elijah Ntongai, a journalist at TUKO.co.ke, has over four years of financial, business, and technology research and reporting experience, providing insights into Kenyan and global trends.

The Assets Recovery Agency (ARA) has announced a public auction of forfeited assets, including motor vehicles and other items.

According to the official notice published on MyGov, the auction is set to take place on Wednesday, June 18, 2025, starting at 10:00 a.m..

The auction will be held on an “as-is-where-is” basis at the location listed in the official auction catalogue.

Interested members of the public will be allowed to view the items from Tuesday, June 3 to Friday, June 13, 2025, between 9:00 am and 2:45 pm on weekdays.

ARA noted that only registered bidders with valid bidding numbers will be allowed to participate.

To register, interested individuals will be required to pay a non-refundable fee of KSh 1,000 to obtain the auction catalogue, and provide proof of payment to the Assets Recovery Agency offices at Old Mutual Towers, Nairobi by 10:00 am on Friday, June 13, 2025,

"Proof of payment (bank deposit slip) shall be required on or before Friday June 13, 2025 at 10.00 am in order to obtain an Official Receipt from the Agency to enable acquisition of Bidding Number and participation in the public auction," the notice read in part.

To bid on motor vehicles, prospective buyers must also pay a refundable auction deposit of KSh 1 million to M/s Keysan Auctioneers, the appointed auction managers.

Winners of the bids will be required to immediately pay 25% of the purchase price at the fall of the hammer.

The remaining 75% balance must be settled within 14 days to the Criminal Assets Recovery Fund account. Failure to meet this requirement will lead to the second-highest bidder being considered for the purchase.

Purchased vehicles must be collected within 14 days to avoid incurring additional storage charges.

The Assets Recovery Agency and Keysan Auctioneers have stated that they reserve the right to cancel or reject any bids without prior notice.

Unsuccessful bidders will receive refunds of their deposits within 14 days upon presentation of original receipts.

This auction is being conducted pursuant to sections of the Proceeds of Crime and Anti-Money Laundering Act and Public Procurement and Asset Disposal Act, and is part of efforts to dispose of assets recovered through criminal proceedings.

Interested buyers can obtain more information by contacting the Assets Recovery Agency via [email protected] or by reaching out to the auctioneers at [email protected].

In other news, the High Court at Milimani ruled that a car owned by Mohamed Hassan Kini, a Daihatsu station wagon, was acquired using proceeds from drug traff*cking and ordered it forfeited to the ARA.

Kini, arrested in 2021 with cannab*s and hero*n worth KSh 1.6 million, failed to justify the source of over KSh 6.4 million in his accounts.

The ruling directed the National Transport and Safety Authority to transfer the vehicle to ARA, which has also announced a public auction of other seized assets.

Source: TUKO.co.ke