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Gov’t Releases Goods Worth Ksh50 Million Seized From China Square

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The Anti-Counterfeit Authority (ACA) has released the goods worth Ksh50 million that were seized at China Square.

The goods were seized on February 16, 2023, following a complaint received from Smithmo Company Ltd, which suspected the sale of counterfeit Finder Tools within the premises.

“We would like to inform the public that the complainant, in a letter dated 27th February, wrote to ACA and requested to withdraw the complaint against China Square. This request was made upon confirmation that the goods seized were sourced from the same manufacturer and international brand owner of Finder Merchandise. The complainant also requested for the release of the goods,” said ACA CEO Dr Robi Mbugua Njoroge.

“In light of this new information, ACA conducted a thorough investigation and verified the source of the goods, and we can confirm that they are authentic Finder Tools. As such, we have released the goods to the rightful owner.”

China Square, which opened on January 29, 2023, has been recording sales worth millions every day due to its lowly-priced goods.

Read: Chinese Gov’t Responds To China Square Closure

>>> China Square Standoff Escalates As Gov’t Seizes Goods Worth Ksh50M

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BT Reporter
BT Reporterhttp://www.businesstoday.co.ke
editor [at] businesstoday.co.ke
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