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Elijah Ntongai, an editor at TUKO.co.ke, has over four years of financial, business, and technology research and reporting experience, providing insights into Kenyan, African, and global trends.

The Ethics and Anti-Corruption Commission (EACC) has announced a major public auction of prime properties.

The properties at auction include apartments, maisonettes, townhouses, and parcels of land, with bidders required to pay a refundable deposit of KSh 500,000 to participate.

The properties at auction were seized by the commission because they were linked to corruption and economic crimes such as theft of public money.

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The sale follows court orders allowing the Commission to dispose of properties linked to corruption and economic crimes.

In a public notice shared on Monday, September 22, 2025, EACC said the auction will be conducted through Galaxy Auctioneers, Keysian Auctioneers, and Astoria Auctioneers in Nairobi, Kisumu, and Migori counties on various dates in October.

Interested buyers must inspect the properties and verify all details, as neither the Auctioneers nor the EACC guarantee their accuracy.

To participate in the auction, bidders are required to pay a refundable KSh 500,000 deposit via banker’s cheque to the EACC to obtain a bid number and entry pass.

Successful buyers must pay a 10% deposit of the purchase price to the EACC by the end of the auction day or forfeit the bid, with the remaining 90% payable within 60 days.

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Among the properties on offer is a three-bedroom apartment at Riara Heights Estate in Nairobi measuring about 200 square metres and estimated to be 85% complete.

Other prime Nairobi listings include a two-bedroom apartment and a maisonette within Greenspan Estate, as well as a townhouse in Loresho Ridge Estate.

Bidders can also compete for a commercial plot designed for office use in Rongo Township, Migori County, and a four-storey block of flats in Kisumu’s Savannah Court.

In other news, Faulu Microfinance Bank and Nairobi-based firm Onyango & Tarus have announced separate public auctions featuring a wide range of motor vehicles with reserve prices to suit different budgets.

Faulu has listed four vehicles, including a 2008 Nissan Vanette with a reserve price of KSh 350,000, a 2017 Toyota Fielder at KSh 1.49 million, a 2015 Isuzu FVR at KSh 1.29 million, and a 2015 Isuzu FRR priced at KSh 3.06 million.

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Onyango & Tarus is offering 41 vehicles on an “as is, where is” basis, with prices starting from as low as KSh 131,000 for a Nissan Caravan Van and going up to KSh 5.42 million for a high-end 2016 Audi Q7.

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Source: TUKO.co.ke