A company director has been charged with tax evasion of over 65 million dollars in tax evasion in the Eldoret Court, as the Kenya Revenue Authority KRA continues its aggressive tax collection stance.
Rachnaben Vikrambhai Patel, who was charged with his company Smart Phones Stores Limited, denied tax fraud charges before the Resident Magistrate Christine Menya.
The KRA says that the accused persons grossly under-declared income by Sh 694,825, 482 in the tax returns has resulted in a reduction of the company's tax liability.
He denied the charges and was released on a bond of 500,000 or 100,000 dollars. The case will be heard on January 12, 2022.
Samuel Mbuthia Waweru, the director, and his company Lainguse Enterprises Limited were charged with counts relating to the fraudulent evasion of payments, a total of Sh 947,869 in taxes, in a separate case before the same court.
The KRA says the accused used fictitious invoices in the name of General Store Limited to claim input value-added tax, which fraudulently lowered the company's tax liability.
He denied the crimes and was released on a bond of 1 million or alternative cash bail of 400,000. The case will be heard on January 10.
Two people have been charged with smuggling ethanol worth Sh 6,714, 966 in a Nakuru court.
Racheal Kithei Kyalo, a driver, and Muchai Theuri a passenger were arraigned in court on charges of having uncustomed goods and conveying uncustomed goods, contrary to sections 200 d iii and 199 b of the East African CommunityAfrican Community Customs Management Act 2004.
On November 17th, the police arrested the two suspects when they intercepted a truck belonging to Black Gold logistics.
They found a shipment of 80 drums of 250 litres of product suspected to be ethanol when they searched it.
They were released on a Sh 1 million bond with a surety of a similar amount or cash bail of Sh 500,000 each, and pleaded not guilty.
The case will be mentioned on December 6.