TUKO.co.ke journalist Harry Ivan Mboto has over three years of experience reporting on politics and current affairs in Kenya

Moi University is set to offload a wide range of assets in a public auction slated for Thursday, June 24, at its Main Campus in Kesses, Eldoret.

The auction, set to begin at 9:30 am, will be held at both the transport department yard and the university farm.

A notice seen by , issued by Acting Vice-Chancellor Kiplagat Kotut, outlined the terms of the sale and conditions for interested bidders.

Top on the list is a Toyota Hilux pickup truck, registration number KAH 044F, which carries a reserve price of KSh 350,000.

Several bulls and bull calves, some dating back to 2012, are also up for sale, with reserve prices ranging between KSh 40,000 and KSh 70,000 depending on the age and breed.

A total of ten donkeys have also been listed, including both male and female jennets, foals and combinations of the two. Their prices range from KSh 6,000 to KSh 15,000. Four German Shepherd dogs are also listed, each attracting a reserve price of KSh 40,000.

Also included are ten Largewhite pigs, all under a year old, with prices ranging from KSh 3,500 to KSh 7,000. Additionally, the university is disposing of 30 used tyres grouped into a single lot, with a total reserve price of KSh 12,000.

According to the notice, all items will be sold on an “as-is, where-is” basis. Viewing will be allowed on June 20 and 23 from 9:00 am to 4:00 pm.

Bidders are required to register in advance and obtain a bidding number by depositing KSh 20,000 for general items or up to KSh 2 million for the motor vehicle.

The amount will be retained as a deposit for successful bids and forfeited if the winning bidder fails to complete payment.

"The highest bidder for each item will be declared the purchaser, and all payments are to be strictly made in cash immediately after the fall of the hammer," the notice read in part.

The university has emphasised that canvassing is strictly prohibited, and the sale of any item will only proceed if the reserve price is met.

This comes after the university was alleged to have purchased eleven donkeys to assist with ploughing, replacing old tractors due to a lack of fuel.

Further scrutiny followed reports that the university also bought ten high-priced dogs for a breeding project aimed at generating income.

The alleged inflated cost of the animals raised concerns about financial mismanagement at the struggling Kesses-based institution.

In May, the institution fired hundreds of employees including lecturers, citing a bloated payroll and budget constraints.

Source: TUKO.co.ke