Row over impounded vehicles, Sh52m rent dispute - News Summed Up

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Row over impounded vehicles, Sh52m rent dispute


A row over impounded vehicles has sucked in top security officers, vehicle importers, owners and real estate dealers in a dispute revolving around Sh52 million in unpaid rent arrears. At least three of the vehicles have been impounded from the purchasers on claims they were stolen. Makuri Auctioneers sold an unknown number of vehicles belonging to a foreign-owned company-Al-Riaz International Limited, which had failed to pay rent to the landlord, Ganjoni Property Limited, for three years amounting to Sh12.9 million. They placed the number of vehicles at 13 vehicles, but owner Rehan Riaz Malik, who made a ‘theft’ report at the Central Police Station, listed 49 of them. Will the police take the responsibility to pay the landlord the arrears of rent and mesne profits?"


Source: The Star April 13, 2019 18:56 UTC



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