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KRA targets overstayed PepsiCo, Kenya Power assets in warehouse auction

In a gazette notice, the taxman stated that the items had remained uncollected beyond the legally stipulated timelines, prompting disposal in line with customs laws.

NAIROBI, Kenya, Aug 25 – The Kenya Revenue Authority (KRA) has announced that assets belonging to major corporates — including PepsiCo, Victoria Commercial Bank, and Kenya Power and Lighting Company (KPLC) — will be auctioned after overstaying in customs warehouses.

In a gazette notice, the taxman stated that the items had remained uncollected beyond the legally stipulated timelines, prompting disposal in line with customs laws.

The goods slated for auction include beverages, banking equipment, and electrical supplies, among other consignments.

“This is in exercise of the powers conferred by Section 42 of the East African Community Customs Management Act, 2004, where goods deposited in customs warehouses and not removed within the prescribed period shall be sold by public auction,” the notice read in part.

Importers have until the date of sale to clear their consignments before they go under the hammer.

In April 2025, KRA had similarly threatened to auction goods belonging to Kenya Power and Carrefour, issuing a 30-day clear-out notice ahead of a mid-June sale.

Likewise, hundreds of uncollected items held at the JKIA Customs Warehouse were slated for an online auction through KRA’s portal between July 28 and August 1, 2025.

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