The Kenya Revenue Authority (KRA) is at pains to explain the loss of 9,686,358 excise stamps, raising fears of non-payment of tax and the sale of fake goods such as alcohol, cigarettes, soft drinks, and cosmetics.
Auditor-General Nancy Gathungu raised the red flag on the possible theft of the stamps in a fresh audit of the KRA’s financial statement for the fiscal year ending June 2024, published on Monday.
