Just like life is not all smooth so are people’s life’s survival tactics.The business world has long been known to habour some taint on it due excessively ambitious personnels in existence.
Tax evasion running up into billions of shillings was shockingly unearthed following a week long detectives operation at a Thika based liquor manufacturer.
Inspector General of Police Joseph Boinnet, DCI director George Kinoti, Flying Squad boss Musa Yego and officers from the Kenya Revenue Authority (KRA) announced that Africa Spirits Ltd may also be dabbling in manufacture of counterfeit alcohol.
“The operation has confirmed our suspicion. This is a case of massive tax evasion and manufacture of outright counterfeit products, which is a danger to alcohol consumers,” said Mr Boinnet.
KRA commissioner in-charge of intelligence Githii Mburu said they seized counterfeit KRA stamps. He also claimed the company was involved in smuggling of illegal ethanol which is a key product in the manufacture of alcoholic products.
“After the operation, we found out 21 million counterfeit stamps which could have made the tax collector to lose Sh1.2 billion. When the stamps are fixed on products it means no tax is paid,” said Mr Mburu.
He said in one shift, the amount of tax that KRA would have lost amount to Sh93 million adding in one month, they suspect the agency could have be losing about Sh3 billion a month from the company.