A Garisa businessman has been charged befoe a Nyeri Court for evasion of income tax amounting to over Ksh400 million.
According to a police charge sheet, Mohamed Ismail Haret the sole proprietor of Baraqwo Shop is said to have deliberately failed to pay his taxes between January 2014 and June 2020.
“On the diverse dates between 1 January, 2014 and 30 June, 2020 within the Republic of Kenya, being the proprietors of Baraqwo shop duly registere under Pin No AY jointly with others not before the court while earning taxable income without reasonable cause deliberately failed to remit income tax totalling to Ksh 492,397,229,” the charge sheet read.
The suspect who was arrested on Wednesday, May 26 was also charged with two counts of fraud in relation to tax contrary to section 97 of the tax procedure act of 2015 and four counts of failure to knowingly remit income tax.
“Jointly with others not before the court you unlawfully ommitted Value Added Tax amount totalling to Ksh1,276,219,448 which you knew or ought to have known should have been declared to the commissioner of domestic taxes thereby reducing your Value Added Tax liability by Ksh 204,195,112,” the charge sheet read.
The suspect who was released on a cash bail of Ksh300,000 or a Ksh1 million bond. The case will be mentioned in September 15, 2021.
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