News
Court Frees Fraud Billionaire Humphrey Kariuki
Nairobi billionaire businessman Humphrey Kariuki freed on Sh10m cash bail after denying Sh41b tax evasion charges.
Barely a month after being summoned to answer to several charges linked to his business empire, businessman Humphrey Kariuki has resurfaced. On Monday, the composed billionaire appeared at the Milimani Law Courts seen in the company of Lawyer Kioko Kilukumi to answer to charges l tax evasion charges.
The billionaire and 10 others mainly drawn from Wow beverages and Africa Spirits are accused of among other things, evading tax amounting to over Sh41 billion.
The Director of Public Prosecutions Noordin Haji said early this month he had gathered enough evidence to prosecute Humphrey Kariuki Ndegwa and Stuart Gerald (Directors WOW beverages), Peter Njenga Kuria (Director Africa Spirits), Robert Thinji Murithi (Director WOW beverages, Geofrey Kinoti (Director Africa Spirits).
Until the onset of the cases, Humphrey Kariuki chaired Janus Continental Group, which has an interest in the energy, real estate, hospitality and conservation matters.
The group has an interest in key energy projects in Zambia, Kenya, Uganda, and Mozambique as well as dozens of others in incubation.Its business portfolio includes Dalbit Petroleum Services, aviation, mining, manufacturing, transport and humanitarian sectors in the African region.
A statement signed by Janus Continental Group Chief Human Resource Officer Hellen Akello, said Kariuki stepped down as the chair of the board in light of development in the investigation process.
Kenya Insights allows guest blogging, if you want to be published on Kenya’s most authoritative and accurate blog, have an expose, news TIPS, story angles, human interest stories, drop us an email on [email protected] or via Telegram
Court Brands Sh1.1 Billion Fee Demand by Lawyer Victor Swanya “Excessive and Exorbitant,” Exposes How City Hall Lets Public Money Bleed Through Legal Bills
Trump Unveils New Air Force One
MR. NO SHOW: Finance Bill 2026 Exposes Ndindi Nyoro’s Political Conmanship
Billionaire Eric Muli Rebukes Musalia Mudavadi Over Nairobi Capital Relocation Debate
Lawyer Cliff Ombeta Warns Against Taking Insurance Cover With Old Mutual: “Talk to Me Before You Do, Their Imara Cover Is a Fraud”
My Life Is In Danger: Investor Drops Bombshell Expose On Thomas Ogutu CEO VeGrid Ltd And Fugitive Nairobi CEC Charles Kerich – DCI Inaction And Corruption Network Exposed
City Tycoon Chris Obure Returns To Senteu Plaza After Court Victory
NCBA’s Repossession Empire: How Borrowers Lose Their Cars While the Bank Profits at Every Step
Ex-First Lady Margaret Kenyatta and Siblings Move to Block Widow from Late Brother’s Sh50 Million Estate
Inside the Billion-Shilling Betrayal: How Senior Treasury Officials Plundered a UN Poverty Fund and Built a Real Estate Empire on the Backs of Kenya’s Rural Poor
Businessman Philip Waithaka Kinuthia’s Minor Son Allegedly Drove Drunk, Killed Two Peponi Students in Ngong Road Horror Crash as Claims of Cover-Up Intensify
Inside NCBA’s Decline: How a Banking Giant Lost Its Strategic Edge
Cement, Cash and Courts: How the Hashu Dynasty Crushed the Ramji Brothers for Fourteen Years and Why the Walls Are Now Closing In
Standard Chartered Ghosts Haunt Joshua Oigara At Stanbic As Whistleblower Spills Beans
Inside The Urban Planning Cartel That Owns Nairobi
South Sudan: Adut Salva Kiir’s Shadow Treasury Exposed
THE VULTURE AND THE SCHEME How Nairobi West Hospital Became the Most Dangerous Institution in Kenya’s SHA Ecosystem and Why the Books Must Be Audited Now
How Adil Popat Saved His Empire On The Eve Of Imperial Bank Collapse and Why Kenya’s Mainstream Media Buried The Story
Why John Ngumi Is Running From the EACC and Why the Sh415 Million Payday May Be the Least of His Worries
The President’s Daughter and The Missing Witness: How Adut Salva Kiir’s Shadow Treasury Silenced Its Most Dangerous Critic
-
News6 days agoBusinessman Philip Waithaka Kinuthia’s Minor Son Allegedly Drove Drunk, Killed Two Peponi Students in Ngong Road Horror Crash as Claims of Cover-Up Intensify
-
Business2 weeks agoInside NCBA’s Decline: How a Banking Giant Lost Its Strategic Edge
-
Business1 week agoStandard Chartered Ghosts Haunt Joshua Oigara At Stanbic As Whistleblower Spills Beans
-
Africa1 week agoSouth Sudan: Adut Salva Kiir’s Shadow Treasury Exposed
-
Investigations3 days agoTHE VULTURE AND THE SCHEME How Nairobi West Hospital Became the Most Dangerous Institution in Kenya’s SHA Ecosystem and Why the Books Must Be Audited Now
-
Business1 week agoHow Adil Popat Saved His Empire On The Eve Of Imperial Bank Collapse and Why Kenya’s Mainstream Media Buried The Story
-
Business1 week agoWhy John Ngumi Is Running From the EACC and Why the Sh415 Million Payday May Be the Least of His Worries
-
Africa1 week agoThe President’s Daughter and The Missing Witness: How Adut Salva Kiir’s Shadow Treasury Silenced Its Most Dangerous Critic