Spectre International a company associated with oppositionleader Raila Odinga is set to be auctioned to recover a huge debt.
Betric Kenya Ltd the firm that owes Spectre InternationalLtd Ksh 7.7 million has been given a go ahead by a Mombasa court to recover themoney.
Spectre entered into contract with Betric Kenya to be supplied14,500 litres of fuel at a cost of 8 million but only a small amount has so farbeen paid.
Speaking on behalf of Betric was lawyer Wameyo Onyango whosaid that the agreement initially was a 30 days credit period.
Spectre International interest
Betric Kenya further stated that the total amount they owe Spectre International has been accruing interest since 2016 when it was supplied.
As at now the amount that Betric owes Spectre Internationalstands at Ksh 7.7 million inclusive of the interest that they have to pay toservice their loan.
On several occasions Betric Kenya are said to have madewritten request to Spectre to pay up by they have failed to fulfill the promisethus the suit.