Hashi Energy, a prominent petroleum company owned by tycoon Ahmed Hashi, is undergoing liquidation amidst financial turmoil. The company, facing a daunting KSh 5 billion debt, has begun the process by announcing the sale of over 30 trucks and multiple assets. Among the assets up for sale are 31 prime properties, including SinoTruk’s SITRAK models distributed across Mombasa, Eldoret, and Nairobi.
KVSK Sastry, the appointed liquidator for Hashi Energy, has invited bids from interested parties to acquire the company’s assets scattered nationwide. This move marks a significant development for the company, which has operated in Kenya’s energy sector for more than three decades.
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