The Kenya Revenue Authority has been urged to launch investigations into the operations of Sammy Traders, a Kisumu based car dealer suspected to be evading tax.
Inside sources confided in Weekly Citizen how Sammy Traders Limited has consistently under declared and grossly omitted income derived from its business and services, a racket that has dealt the KRA a big blow in its attempts to collect revenue.
KRA has aggressively embarked on eliminating tax evasion in the country, a move that has led to several arrests and prosecutions that have resulted in the unearthing of various tax fraud schemes across the country.
According to a highly placed source, some crook officers from the KRA are said to be part of the scheme and that explains how Sammy Traders has successfully managed to evade the investigators over the years.
Sammy Traders Limited is located at Angawa Avenue, Kisumu City.
The company boasts as the Kenya’s largest automotive marketplace, featuring more than 800 cars on any given day.
They sell a wide range of new and used cars on Cash and Hire Purchase Terms.
Some of their common cars are Sedans, Station wagons, SUV’S, Pick ups, trucks and Vans. Our vehicle includes Used and New Toyota, Nissan, Mercedes Benz, Mitsubishi, Subaru, Lexus, Mazda, Honda and BMW.
Efforts to reach the company’s management for comment proved fruitless as they did not respond by press time despite sharing with them part of the documents treated as evidence to the allegations by our sources.
Full story to be featured in our next newspaper edition.
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