Auctioneers raid popular public university, VC’s among those impounded
Kenyatta University leads with Sh1.6 billion debt
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The dramatic incident took place after the school was unable to pay a Sh15 million debt owed to one James Mwathi Nguri.
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The court later appointed Legacy Auctioneer Company to recover the money through seizure of assets.
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Students and workers were left in shock as the auctioneer towed Vice Chancellor Professor Rose Mwonya’s official car (a Toyota Prado), several vehicles including two buses were also impounded.
Vice Chancellors in public universities have said that they risk closing their institutions over an accumulated debt of Sh7 billion owed to agencies and another Sh4 billion in salary arrears.
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They called on Education CS Amina Mohamed to intervene and rescue the public high education institutions from collapse.
“As we speak, we are waiting for the shut-down because the red line was long crossed and all universities are operating in crisis,” said Francis Aduol, chairman of the vice-chancellors committee.
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Last month, Parliament was forced to intervene by asking the National Treasury to save Kenyatta University from a Sh1.6 billion loan owed to the Chinese government to operationalise the training facility.
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