Absa Bank Kenya #ticker:ABSA has put up for auction over 40 vehicles purchased by a bankrupt Italian firm for use in the construction of the controversial Itare Dam in Nakuru over a Sh585 million loan.
The forced sale of the seized vehicles and equipment -- including Isuzu D/Max, tippers, prime movers and cranes -- has been scheduled for October 28, according to a notice issued by Phillips International Auctioneers.