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Three arrested in Sh7bn tax evasion syndicate involving 2000 companies

The VAT Tax Evasion Scheme was exposed undertaken by KRA’s intelligence Management and Investigation Department over the last one year

NAIROBI, Kenya, Apr 6 – Two individuals have been arraigned in court over tax evasion that has resulted in approximately the loss of Sh7 billion in revenue.

The two, Kevalkumar Navin Maisura and Arti Jagdiesh Bakrania, are believed to be part of a syndicate of seven suspects to have been involved in the falsification of documents including invoices used to claim fraudulent VAT input deductions.

Another suspect has been arrested today in Bungoma and is set to be arraigned in court.

“The fraud involves both persons who provide the fictitious documentation and those who utilize the documentation, with the latter being established businesses that seek to understate their VAT liability,” said Kenya Revenue Authority in a statement.

KRA says that close to 2000 companies have benefited from the scheme and recovery action for the amounts evaded is in progress.

The VAT Tax Evasion Scheme was exposed undertaken by KRA’s intelligence Management and Investigation Department over the last one year.

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