Nairobi tycoon Humphrey Kariuki bank accounts frozen over Ksh.3B tax evasion
The High Court in Nairobi has extended orders freezing 11 accounts associated with businessman Humphrey Kariuki over alleged tax evasion amounting to Ksh.3 billion.
In his ruling, High Court Judge John Onyiego further directed that the case be referred to the Commercial division for hearing and determination saying that the case relates to tax dispute.
“This matter is purely a tax case, therefore the matter is referred to the commercial division for further directions,” Onyiego directed.
This is even as the businessman companies moved to court to challenge the orders freezing the accounts claiming that KRA lied to court and brought dishonest allegations to obtain orders freezing his companies.
There is a premeditated, well-coordinated and persistent scheme devised by KRA to malign my reputation and cause me business loss. They’ accounts,” says Kariuki in court papers.
“It is also a deliberate untruth made dishonestly by KRA to obtain the court orders freezing the accounts. They know we don’t manufacture alcohol and act as importers of liquor, which they already tax before entry into the country,” argues Kariuki.
In the application Kariuki wants the court to order the reopening of the Thika factory and lifting the orders that froze the companies’ accounts. He also wants an order restraining KRA from further taking action to recover the alleged tax arrears.
The matter will be mentioned on Tuesday, March 12, 2019.
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