Peter Kenneth bank among firms hit by Sh1.1bn tax demand

GRAPHIC | CHRISPUS BARGORETT | NMG

Former presidential aspirant Peter Kenneth and three companies, including a bank, are the latest high-profile individuals and entities to be caught up in the ongoing tax crackdown by the Kenya Revenue Authority (KRA).

The Business Daily has established that the Kenya Revenue Authority (KRA) is demanding more than Sh1.14 billion from shareholders of three companies, including Mr Kenneth, for underpayment of tax paid on sale of shares.

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Note: The results are not exact but very close to the actual.