Keroche Breweries fights to block KRA property seizure
A petition has been filed against the Kenya Revenue Authority seeking to stop the seizure of property belonging to Keroche Breweries.
In the petition filed at the Milimani law courts; Henry Shitanda, Kevin Koome and Kenya Youth Movement claim that KRA conducted an illegal procedure aimed at recovering Ksh.9billion in alleged tax arrears.
KRA and Keroche Breweries have been embroiled in a bitter tax dispute after disagreeing on a computation method.
The matter has been certified as urgent and set for hearing on Tuesday next week.
Since 2006, Keroche Breweries has been locked in various tax related cases with KRA.
On March 11 this year, KRA issued a statement indicating that it had been allowed to collect over KSh 9 billion in taxes from the brewer.
A section of netizens alleged that politicians with shares in the brewing sector were trying to cripple Keroche so that companies associated with them can thrive with minimal competition.
Others urged the government to give the Naivasha-based brewer a less punitive penalty or device a way for the firm can settle the alleged Ksh. 9 billion arrears over time.
For Citizen TV updates
Join @citizentvke Telegram channel
Video Of The Day: | UHURUTO MAZE | The 8-year relationship of the President and his deputy