Sharp Daily
No Result
View All Result
Tuesday, June 3, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

KeNHA exposes fraudulent activities in recent auction

Brenda Murungi by Brenda Murungi
February 20, 2024
in News
Reading Time: 1 min read

The Kenya National Highways Authority (KeNHA) has addressed concerns about a recent auction exercise where participants complained about fraudulent bidding. In a statement on Tuesday, February 8, the Authority confirmed that its auction held on February 7, 2024, was marred with fraud complaints.

“It has come to the attention of the authority that some members of the public frustrated the auction of select items in the just concluded auction process. It reads mischief in the select bidders offer since they have not honoured their bids,” KeNHA said in a public notice yesterday.

According to the state agency, scores of Kenyans who bid for items including vehicles during a recent auction by a roads agency now risk losing their KES 60,000 deposit.

“In compliance with the Public Procurement and Assets Disposal Regulations (PPADR), the said bidder will lose their auction deposit of KES 60,000. The items in question will be processed for a fresh auction.”

RELATEDPOSTS

KeNHA closes Nairobi-Garissa (A3) Road due to flooding

April 9, 2024

KeNHA temporarily shuts down Haile Selassie and Parliament roads

April 5, 2024

During the auction conducted at KeNHA’s Corridor ‘A’ offices in Athi River, participants were provided with the chance to evaluate the available items and their respective reserve prices as per the established guidelines.

However, some bidders failed to honour their quoted bids as required and hence raised suspicion about transparency in the process.

The items in question will be processed for a fresh auction. and KeNHA assured that the repeat of the process would be done in compliance with guidelines governing procurement process to ensure transparency, fairness, and adherence to the set regulations.

Previous Post

Ezekiel Mutua tells of Dennis Itumbi in bitter clash over musicians’ royalties

Next Post

Mungai Eve loses YouTube, Facebook accounts to ex-lover

Brenda Murungi

Brenda Murungi

Related Posts

News

Co-op Bank posts KES 6.9 billion profit in Q1’2025

May 16, 2025
Agriculture And Economy
News

Lets get Kenya out of FATF list

May 9, 2025
News

The downside of Impact Investing

May 2, 2025
News

Leadership challenges at the University of Nairobi

April 24, 2025
News

Easter eggs and earnings: Growing your nest egg with CMMF

April 16, 2025
News

Geoffrey Ruku declares KES 377M net worth during CS vetting

April 15, 2025

LATEST STORIES

Best investments for Kenyan seniors: Secure, predictable & low-risk

May 30, 2025

Why June is the Secret Sweet Spot for Travel

May 30, 2025

Strategies to elevate more women to corporate leadership

May 30, 2025

Tap on Kenya’s 2025 tech revolution

May 30, 2025

How CURBS supports employers and employees

May 30, 2025

NSE deserves more attention from young investors

May 29, 2025

The silent strain of remote work on Kenya’s urban workforce

May 29, 2025

How Kenya’s crypto bill could reshape the digital economy

May 29, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024