Trio charged over Sh3.9bn VAT fraud, more suspects sought

The Milimani High Court in Nairobi. 

Three traders have been charged over a Sh3.9 billion value-added-tax (VAT) fraud scheme, which involved the use of fictitious electronic invoices worth about Sh25billion over five years.

The court heard that the three traders were part of a larger group of businesses investigated by the Kenya Revenue Authority (KRA) over alleged fraudulent tax declarations.

PAYE Tax Calculator

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