NCBA Bank Auctions 32 Repossessed Vehicles Amid Borrower Criticism

NCBA Bank listed 32 repossessed vehicles for public auction, including a 2016 BMW 116i reserved at KSh 985,000, Toyota Land Cruisers, Prados, and trucks stored in yards across Thika Road, Bunyala Road, Mombasa, and Kisumu.

Critics like Cyprian Nyakundi highlighted the bank's Kenyatta family links and a quashed 2019 merger tax exemption worth KSh 384.5 million, ruled against public interest by the High Court in 2025, asking why borrowers get no such relief.

 Defenders noted NCBA's scale as a major financier, its KSh 3 billion in taxes paid in early 2026, standard repossession contracts for defaults, and the need for borrower accountability amid economic pressures.

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