Not so much is known about Felix Kikuyu Kimoli guy. However, in relation to two chinese companies Yulees Blooms Company ltd and Shapo Trading Ltd who were intercepted by Kenya Revenue Authority (KRA) for tax evasion and apparently are under investigation for Tax evasion of over Sh400million, Felix Kimoli looks like a proxy shareholder disguised as a secretary in some companies as a strategy for dubious business.
The Cigarette companies tax evasion scandal seemed just a tip of the iceberg hence the motivation for further investigation only to find out Kimoli is also a secretary and shareholder in over 100 companies in Kenya which led to a mind boggling question if he does he pay tax, since is not a rocket science that these can be a wider scheme.
Kimolo is also Proxy secretary in double lucky investment company ltd through Batrian Registrars LLP that is a shareholder in shapoo trading ltd that imported Cigarettes with Yulees ltd and evaded over 400million tax.
According to sources close to the investigation, KRA’s Investigations & Enforcement unit, which specializes in high-profile financial crimes, raided the offices and warehouses of Yulees Blooms Company Ltd and Shapo Trading Ltd in Kilimani and on Mombasa Road. This action followed allegations of tax fraud.
The investigation centered around the distribution of China Tobacco’s brands, Septwolves and Harmonisation, which are part of the company’s extensive product line that generates significant global revenue. The involvement of a state-owned enterprise like China Tobacco in such a probe could have significant reputational implications, especially given China’s current aggressive stance on tax compliance at home, where the government is enforcing strict measures against tax evasion.
Among those summoned by the embassy was Liu Yuhang, a wealthy Chinese national and a director at Shapo Trading. This investigation coincided with a broader initiative by Chinese authorities to increase revenue collection, particularly in light of economic strains from a prolonged property market slump affecting local government finances and overall economic confidence.
The KRA’s actions were sparked by a whistle-blower’s claim that Shapo Trading was under-declaring the value of its cigarette imports, thereby reducing the customs duty payable. Reports suggested that the companies bypassed using the Electronic Tax Register (ETR) and neglected to stamp excise duty on cigarette packets, flouting key regulatory requirements.
Initial findings indicated that some of these cartons, approximately 40, may have been smuggled into neighboring countries for sale, further complicating the probe. Additionally, there are suspicions that certain government officials may have played a role in enabling the smuggling and evasion tactics, potentially undermining the local tobacco industry and the livelihoods of local farmers.
An official from KRA confirmed the raids but emphasized the confidentiality of the investigation, citing the Tax Procedures Act of 2015 which limits information sharing.
Shapo Trading Ltd is known for importing the Septwolves and Harmonisation cigarette brands into Kenya, with distribution extending to Uganda and Tanzania. Yulees Blooms acts as the local sales agent, handling distribution across the region.
Felix Kimoli
Internet describes him as a holder of Bachelor of Commerce (Finance option, Second Class Hons. Upper Division), a Certified Secretary (CS), member of the Institute Certified Secretaries (ICS), a Certified Public Accountant (CPA), member of the Institute of Certified Public Accountants of Kenya (ICPAK) and, a founder and Managing Partner in Batian Registrars LLP (Certified Secretaries).
Leaked List of Companies linked to Felix Kikuyu Kimoli.
VANESSA VILLAS LIMITED
ARMATECH (KENYA) LIMITED
GREENACRES FRESH PRODUCE LIMITED
vast link limited
AROUND THE GLOBE SERVICES LIMITED
JOMANJEMUKI MERIT COMPANY LIMITED
SUNNINGHILL GROUP LIMITED
NYALI MISONO LIMITED
NF-GENDER VIOLENCE RECOVERY CENTRE
STERLING STARS LIMITED
KENT CONSULTANTS LIMITED
BATAXIM INVESTMENTS
UTAWALA FLATS LIMITED
VENTURER PURSE INTERNATIONAL
INVARA TECHNOLOGIES LIMITED
S.M.T. BRAINTRUST COMPANY LIMITED
SAM THENYA INTERNATIONAL GROUP LIMITED
STIRLING INVESTMENTS LIMITED
TARUCCA EAST AFRICA LIMITED
YAO SHUN IMPORT & EXPORT LIMITED
WIDEPHARM LIMITED
GRACELAND WATER COMPANY LIMITED
THYMOD LIMITED
PACK INGREDIENTS (E.A) LIMITED
MILELE ALLIANCE LIMITED
TAXPLAN CONSULTING LIMITED
LINKXEN INVESTMENTS
TIARI TIARI LIMITED
HEALTH INNOVATION NETWORKS LIMITED
FESAKI SECURITIES LIMITED
cimasco limited
NYAKITRAI VENTURES
FAXEN VENTURES
MACHINE CUTTING SERVICES ON-SITE EAST AFRICA
TRINITY RECRUITMENT LIMITED
FESAKI ASSOCIATES
VALUE FIX
DOLLAR CAPITAL LIMITED
SEVEN THIRTY FILMS LIMITED
MAIRAS GLOBAL LIMITED
SURGING INVESTMENTS LIMITED
SOHAIL REGENCY MANAGEMENT LIMITED
MINERALS CORPORATION AFRICA LIMITED
REFLEX FOOTWEAR LIMITED
AVIC INSTITUTE OF GEOTECHNICAL ENGINEERING CC
CLASSIC CARS LIMITED
CARREL TECHNOLOGIES LIMITED
BLACKOPS SECURE TECHNOLOGIES LIMITED
WIDELINK LIMITED
SINO BASE LIMITED
RESTAURANT MISONO LIMITED
ALEKIM ASSOCIATES LLP
SADOKA COMPANY LIMITED
AHEAD CREDIT LIMITED
TURI GARDENS LIMITED
TURI HEIGHTS LIMITED
INFINITY BAISIKELI LIMITED
SURGING ENTERPRISES LIMITED
LINKSPAN VENTURES
LINKXON VENTURES
DAWATI AFRICA ELECTRONIC LEARNING SOLUTIONS
MGI ALEKIM LLP
KIMOLI FOUNDATION
TRICONA DIGITAL LIMITED
hanna instruments limited
LIXAM INVESTMENTS LTD
CODE FOR AFRICA
APG HEALTHCARE NAIROBI OPERATING COMPANY LI
KUNI HOLDINGS LIMITED
JACARANDA MANAGEMENT LIMITED
INCLUSION ADVISORS KENYA LIMITED
NOVEL BAKERY COMPANY LIMITED
SIRI STUDIO LIMITED
SOPHOS COMMUNITY FOUNDATION
BATIAN REGISTRARS LLP
FESAKI SECURITIES LIMITED
NUTRISOURCE KENYA LIMITED
JOSBOB LIMITED
TECEX KENYA LIMITED
HEALTHLINK CONSULTANCY GROUP LIMITED
PEARL SKY MANAGEMENT LIMITED
INVETSMENT FILTES
VENTURE SWIGE
LAST CARD
SURGING INVESTMENTS LIMITED
CLIMATE LINK KENYA LIMITED
MANTECH INFLIGHT SYSTEMS LIMITED
SUNFLOWER PROPERTIES MANAGEMENT LIMITED
WAWATHE TRUSTEES LIMITED
SUNNINGHILL LIMITED
KITUI-MWINGI PARKSIDE MOTEL LIMITED
JUNYUE FASHION LIMITED
THE DOCUMENT WAREHOUSE KENYA LIMITED
WAWATHE TRUSTEES LIMITED
SUNNINGHILL LIMITED
KITUI-MWINGI PARKSIDE MOTEL LIMITED
JUNYUE FASHION LIMITED
THE DOCUMENT WAREHOUSE KENYA LIMITED
IGNITION SUPPLY ENTERPRISE LIMITED
DYNAMO DIGITAL COMPANY LIMITED
STERLING ASSET INVESTMENT
KIPATO UNBRANDED LIMITED
SECOND RESIDENCY MANAGEMENT LIMITED
JINWU DEVELOPMENT LIMITED
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