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Sh41 Billion Tax Evasion: DCI Seeks International Arrest Warrant against Fugitive Kenyan Tycoon Humphrey Kariuki

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Sh41 Billion Tax Evasion: DCI Seeks International Arrest Warrant against Fugitive Kenyan Tycoon Humphrey Kariuki

Directorate of Criminal Investigations (DCI) is set to apply for an international warrant of arrest against Kenyan billionaire businessman Humphrey Kariuki who is wanted over tax evasion.

DCI George Kinoti said they will seek Interpol’s help in arresting Kariuki, who has been out of the country. The tycoon is also a citizen of Cyprus.

“I am applying for an international warrant of arrest for Humphrey Kariuki through Interpol for him to be arrested and detained anywhere in the world including all airports,” Kinoti said.

On Thursday, Directorate of Public Prosecutions (DPP) Noordin Haji approved tax evasion charges against the tycoon. He is accused of failing to pay taxes amounting to Sh41 billion through his companies Africa Spirits Limited and Wines of the World.

Kariuki is also facing charges of fraud, being in possession of unaccustomed goods, being in possession of counterfeit excise stamps, being in possession of excisable goods affixed with counterfeit excise stamps and failure to pay tax. The offenses were committed between 2014 and 2019.

DPP approved charges against him following an investigation carried out by DCI in collaboration with Kenya Revenue Authority (KRA).

In February this year, a Nairobi court granted orders to freeze 11 bank accounts associated with the tycoon over alleged tax evasion amounting to Sh3 billion.
In February, police raided Africa Spirits Limited plant in Thika, Kiambu County and recovered Sh21 million counterfeit excise stamps and 312,000 liters of illicit liquor.
 

2 COMMENTS

  1. Take away his licenses and…
    Take away his licenses and prohibit him from ever doing business in Kenya again. You’re a disgrace just like those Wahindis and mega-coporations who cheat Kenyans by evading taxes. You ought to know better and think about your country. We the people allow you to do business and collect taxes, we can deny you the privilege and lock you up- it’s the law! By the way, pushing wine and spirits around the country is not a special service to the nation. You’re actually spoiling a lot of lives with that crap. Put him in prison and attach all his estate.

  2. Is this guy really guilty…
    Is this guy really guilty… Or the victim of an Overzealous Prosecutor? There doesn’t seem to be any evidence, that he has committed any crime, but the DPP seems ready to to embarrass him, with prosecutions that will not hold up in Court.

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