Kidero Set To Auction KBC

December 2, 2013

Kenya’s national broadcaster KBC could see its land auctioned over land rate arrears they owe City Hall, amounting to over Sh 900 m.

On Thursday, Nairobi County Governor, Evans Kidero put the broadcaster and several other government-owned organisations on notice, as a waiver of interest on land rates neared its close on Saturday. He stated categorically that the waiver period will not be extended.

“Effective Monday, we will start registering our interest in all the pieces of land where rates remain outstanding. We’ll be selling an average of 10 properties per week,” he said.

The Governor said that last week, the county government initiated the process of selling three properties they had recovered. Chief Revenue Officer, Nixon Otieno said the county government will this week file 24 cases seeking orders to auction properties.

Nairobi County government had set an original target of Sh 3 billion in rates drive but they have fallen way short, collecting only Sh 410 million.

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