Zuku rivals back KRA in Sh3.4bn taxation case

KRA headquarters in Nairobi. FILE PHOTO | NMG

Rival shareholders of Internet and pay-TV service provider Zuku have joined a Sh3.4 billion tax evasion suit pitting Kenya Revenue Authority (KRA) against Richard Bell, a major owner in the company, with whom they have been fighting a boardroom war.

The High Court allowed Wananchi Nominees Limited, International Consulting Limited (formerly known as ISP Kenya Limited) and East Coast Telecoms Limited to be enjoined in the case and help the taxman prove his case against Mr Bell.

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