A Sh1.4 billion tax bill frozen by a tribunal technicality. A Sh95 billion demand that collapsed to Sh17.5 billion. A brand that has shut down, rebranded and relitigated its way through three prime ministerial terms of Kenyan tax administration while punters staked more last year than the entire country invested in shares at the Nairobi bourse.
A phone trader’s decade-long supply chain link to the Chinese handset giant became, investigators allege, the perfect pipeline through which stolen investor money vanished into Hong Kong — as a fugitive lawyer with three fraud cases to his name remains at large
Audit uncovered that Del Monte was using a cost-plus pricing model that grossly undervalued its Kenyan operations while funneling inflated profits to related companies abroad, particularly its Swiss affiliate DMI GmbH.
Alliance One Tobacco Kenya Limited, a local subsidiary of the US-based Alliance One International, had argued that its tobacco processing activities were merely preparatory steps that did not amount to manufacturing.
The scheme’s victims include ordinary Kenyans whose personal details – national identity cards and Personal Identification Numbers (PINs) – are being harvested by fraudsters to establish companies without their knowledge.
A major tax evasion scandal has erupted at Eldoret International Airport, where insiders and local dealers have exposed a smuggling racket involving millions of shillings worth of smartphones. Corrupt officials are allegedly allowing importers to bypass taxes on consolidated smartphone shipments, costing the government billions in lost revenue. The alarm was raised by industry players […]
Former Treasury CS Henry Rotich had exempted the transfer of CBA shares into NIC Bank from a 1% stamp duty on the unquoted stocks involved in the share swap.
New research has revealed evidence suggesting British American Tobacco Kenya (BATK) may have avoided or evaded up to Sh9.6 billion in profit taxes in Kenya.
A Chinese Engineer is on the spot for allegedly failing to pay his tax as required by the law. Mr. Dong Chen Pang who resides and operates a company in Nairobi, Kenya has completely ignored paying tax to the Kenya Revenue Authority. “Yes we are tired of him , he wants to continue operating without […]
Nairobi, January 4, 2025– In a shocking revelation that has potentially far-reaching implications for Kenya’s fiscal integrity, news sources claim that Humphrey Wattanga, the Commissioner General of the Kenya Revenue Authority (KRA), allegedly received a bribe of Ksh. 100 million from officials of the Chinese tech giant, Tecno Mobile. The bribe, according to sources, was […]
Nairobi, Kenya – In early 2024, whispers of financial misconduct at Tecno Transsion Electronics’ Nairobi office, located in Cardinal Otunga Plaza, led to a significant investigation by the Kenya Revenue Authority (KRA). Allegations included non-remittance of Pay As You Earn (PAYE) deductions and other tax obligations. In May 2024, KRA conducted a dramatic raid on […]
Among those summoned by the embassy is Liu Yuhang, a wealthy Chinese national and a director at Shapo Trading.
The Directorate of Criminal Investigations (DCI) has once again secured court approval to access crucial documents from the entities behind Tatu City in an ongoing investigation into allegations of money laundering and tax evasion. In a recent ruling, Principal Magistrate Gideon Kiage at Kahawa Law Courts dismissed a challenge by Tatu City Ltd and Kofinaf […]
