DPP Noordin Haji has ordered the arrest of Keroche Breweries owners Tabitha and Joseph Karanja over claims of tax evasion.
The inquiry relates to the alleged failure to pay tax amounting to Ksh14.4 Billion on various products manufactured and sold by Keroche Breweries Limited during the period of January 2015 to June 2019.
“The audit by the Kenya Revenue Authority (KRA) established that Keroche Breweries Limited had evaded the payment of tax totalling 14,451,836,375,” read a part of the statement by the DPP.
Haji noted that the company avoided paying, Value Added Tax (VAT) on products including; Stamps Allocated (Ksh329 million), Crescent Vodka (Ksh135 million), Vienna Ice-Quantity Variance (Ksh1.7Billion) Vienna Ice-Rate Variance (Ksh9 billion), and summit beers at Ksh658 million, coming to a total of Ksh12 billion.
In terms of Excise duty, Keroche Breweries is alleged to owe the taxman Ksh41 million in stamps, Ksh55 million on Crescent Vodka, Ksh 233 million on Vienna Ice with quantity variance and Ksh1.5 billion with rate variance.
Summit beers are also short on monies worth Ksh250 Million.
This amounts to a total of Ksh14.4 billion.
The arrest order comes in the backdrop of the recent arraignment of businessman Humphrey Kariuki and members of his board of directors over claims of tax evasion.
Anonymous says
India’s former finance minister arrested on corruption charges in overnight raid (VIDEO)
India’s former finance minister arrested on corruption charges in overnight raid (VIDEO)
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Anonymous says
Malizeni Wakikuyu Kabisa Uhuru Kenyatta Jubilee govt has failed to protect Kikuyu industrialists and instead favouring foreighners and westerners collonial masters.
How can a sane govt destroy local industries and businessmen?
Anonymous says
How is someone who evades tax being finished? She could have been sleeping with Njiraini. Now the chicken are coming home to roost..reckoning time Pap! This is the end of Keroche!
Anonymous says
Yawa, the chicken are coming home to roasted!
Anonymous says
The DDP can not escape the perception that this is a political gimmick. Some character from KRA Waffled something to the effect that officers at the KRA facilited the tax fraud. How many have been arrested? Has the company been invoiced? Is the DDP the usual route in tax recovery?
Anonymous says
the business is demonic and let the demons help you pay the taxes: after all, you don’t pay anything to victims consumers of Lucifer alcohol drinks of all types you brew like the village women.
Anonymous says
srkali ya dynasty……
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Activist Okiya Omtatah has moved to court challenging the tax waiver given to the NIC and CBA banks merger.
He wants the court to stop the secretive and opaque decision by the treasury to exempt them from paying tax.
“The impugned tax waiver which was granted on July 26 but was only announced in August 18 is irregular, unlawful and unconstitutional” reads court documents.
In May, the Competition Authority gave a nod to the merger between CBA and NIC banks.
CBA, whose market share is at 6.05 per cent, and NIC Bank with 4.62 per cent will both hold 10.67 per cent of the market share post-merger.
“However, it is anticipated that the merged entity will continue facing competition from tier-one banks who, together, control 55.32% of the market,” the regulator said in their notice.