The auctioneers reportedly received proceeds from the underpriced sale of the vehicle.
The Ethics and Anti-Corruption Commission (EACC) has launched investigations into auctioneer firms implicated in the fraudulent disposal of assets belonging to Matili Technical Training Institute.
In a statement on Tuesday, May 20, the agency said the firms fraudulently sold a vehicle valued at Ksh5.4 million for just Ksh1.2 million.
