Trader Muktar Sheik charged with Sh300m tax evasion

NEWS 06/08/2019

A businessman, Mr. Muktar Sheikh, has been charged in Eldoret Law Court for evading payment of taxes in income and Value Added Taxes (VAT). He faces a total of 13 counts. Mr. Muktar, through his company-Bashas Constructions Limited, violated various sections of the Tax Procedure Act by failing to pay the taxes and altering tax statements to vary the tax liabilities. His company does business in Uasin Gishu, Mombasa and Mandera counties.  Mr. Muktar was released on a bond of Kshs 2 million or a cash bail of Kshs. 200,000. The case will be mentioned on 20th September 2019.

More details here: https://www.nation.co.ke/news/Trader-Muktar-Sheik-charged-with-Sh300m-tax-evasion/1056-5225020-dy7xgyz/index.html

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