Faking KRA lands firm Sh1bn tax evasion suit

Times Tower. FILE PHOTO | NMG

Employees of a digital firm with UK roots made payments into the accounts of a dummy company they formed and disguised as the Kenya Revenue Authority (KRA), causing the taxman more than Sh1 billion in revenue loss.

Details of the alleged fraud have been laid bare in a suit the KRA has filed against the proprietor of the dummy company, who has also been arrested and charged with fraud.

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