Kenya Revenue Authority (KRA) in its renewed war against tax evasion, today arrested two individuals Abdisalam Abdullahi Gedi and Yahye Eliasi Bare both directors of Liban Trading Limited over tax evasion amounting to Kshs. 1 billion.
The two are accused of making sales of Kshs. 1 billion between the years 2013 and 2018 but declaring nil incomes for all the years of income. The arrests followed lengthy investigations carried out by the Authority.
The suspects will be arraigned at the Chief Magistrate’s Court in Mombasa on Thursday October 24th 2019 and will face charges including, failure to submit returns by due date and failing to pay income taxes of Kshs. 660,774,654 by making incorrect statements affecting tax liability in relation to personal and business income.
The director Abdisalam Abdullahi Gedi will also be charged for failing to submit tax returns for the years 2014 to 2018 and also declare and pay Kshs. 96,608,480 in taxes.
The Kenya Revenue Authority (KRA) has embarked on an aggressive tax compliance strategy to ensure all eligible taxpayers pay their fair share of taxes. KRA has implemented various initiatives targeting all Kenyans who fall in the taxpaying bracket to ensure they meet their tax obligations.
Commissioner, Investigation and Enforcement Department-David Yego