Taxpayers could lose Sh600m in KRA tax fraud if Karuturi deal is true

Karuturi workers demonstrate over delayed wages early this year before CFC Stanbic placed it under receivership after failing to service a Sh340 million loan. [PHOTO: FILE]

By MOSES MICHIRA

Nairobi, Kenya: Kenya could lose more than Sh600 million in a secret deal entered with the taxman, if a claim by a foreign company involved in tax fraud is true.