Kenyans across the country lost millions as auctioneers sold vehicles and bodas at throw-away prices.
In a Gazette notice dated Thursday, April 6, Kerati Auctioneers announced the sale of at least 11 cars and 47 motorcycles among other car parts.
According to the auctioneers, the affected Kenyans had failed to reclaim their property within the stipulated period.
"Notice is issued pursuant to the provision of the Disposal of Uncollected Goods Act (Cap. 38) of laws of Kenya that the following unclaimed property will be sold through a public auction within thirty (30) days from the date of this publication by the firm of Kerati Auctioneers," read part of the notice.
According to the Act, an auctioneer is allowed to sell the goods after issuing a notice of intention to sell and if the specified date has passed.
"The sale of the goods by the custodian must be made in good faith and he must take reasonable care to obtain the best price reasonable in the circumstances," the ACT reads in parts.
Additionally, the auctioneers are advised to seek the approval of the court which will authorise the sale.
Furthermore, the decision by the court authorising the sale is seen as final. However, it is subject to appeal.
Some of the cars sold by the auctioneers are Toyota Starlet, Nissan Sunny, four numberless Toyotas, Land Rover, Toyota Saloon, Sensei, and Subaru brands.
On the other hand, some of the motorcycle brands include Boxers, Honda, and TVS, among others.
During auctions, Kenyans are urged to be cautious to avoid falling prey to sketchy auctioneers. They are advised to tag along an expert to inspect the product before making a purchase.
Also, they are encouraged to know buy products from trusted auctioneers to avoid being duped.