Kenyatta International Convention Centre (KICC) is fighting to keep auctioneers in Kenya away over a Sh. 0.7 billion debt. Today, KICC moved to court seeking to stop multiple companies from auctioning its properties over Sh. 716 million pending bills.
“I am apprehensive that by attaching the corporation property or exposing its inability to meet its world trade organization ministerial conference has the potential effect of bringing its functions to a standstill or throwing into disarray its (KICC) functioning. contrary to public interests and policy,” says KICC chief executive officer Nana Gechaga.
The KICC has listed the Auditor-General and the Attorney-General as interested parties. Greenstar Systems Limited, congress Rental South Africa and Mosound Limited have also been listed as interested parties. The three companies are seeking to attach KICC properties over outstanding bills.
She further says that some service providers have already obtained warrant of attachment to auction its properties while some have obtained favorable arbitration awards.
Ms. Gecaga identifies 28 entities demanding payments from KICC totaling Sh716 million, including a Sh80 million by the Kenya Revenue Authority.
In an affidavit, Ms. Gecaga further claims that procurement of goods and services for the WTO conference was hampered by fraud and malpractices.