The Jubilee party headquarters building at Pangani in Nairobi is being auctioned.
In an advert on Monday, auctioneers said the building will be auctioned on September 13 in Westlands Nairobi.
The auction was put up by Garam Investments Auctioneers.
“All that parcel of land known as LR no 209/1530 Emani Business Centre along Thika Road, Pangani area registered under Farmer Industry Limited, with a plinth area of 34, 000 square feet,” the advert read.
Bidders will be required to produce a deposit of Sh5 million by way of cash or bankers cheque before being allowed to bid.
The Auctioneers Act provides that complaints be filed within a year after an incident occurs.
According to the Act, while in pursuit of a directive to attach property, an auctioneer should not exercise dishonesty, immorality, violence and malicious damage.
Similarly, it is the duty of the auctioneer to have the property valued in order to protect the interest of the owner.
When valuation is not done, the debtor can object to the auction.
The provisions cater for the interest of the debtor and those familiar with the provision can move to stop the auction if they can prove that an offence was committed.
Where the property being attached does not belong to the debtor, the real owner can use the courts to stop the auction on proving ownership.
The auction process is classified into three main categories; distress for rent, a court judgment also referred to as a warrant of attachment and realisation of property like in the case of a mortgage company or a bank recovering their money.
A 14-day proclamation notice is given in the case of distress for rent, seven days for a warrant of attachment and 60 days when handling immovable property like land and buildings.
The Pangani headquarters was Jubilee party’s center of operations in 2013 and 2017 elections.
After an audit report in 2021, the Auditor General Nancy Gathungu questioned the party’s expenditure on rent which had been estimated to be Sh87.47 million yet they had arrears.
The party had also failed to register the lease agreement for the property with the Ministry of Lands and Physical Planning to justify the payments.
