× Business BUSINESS MOTORING SHIPPING & LOGISTICS DR PESA FINANCIAL STANDARD Digital News Videos Health & Science Lifestyle Opinion Education Columnists Moi Cabinets Arts & Culture Fact Check Podcasts E-Paper Lifestyle & Entertainment Nairobian Entertainment Eve Woman Travelog TV Stations KTN Home KTN News BTV KTN Farmers TV Radio Stations Radio Maisha Spice FM Vybez Radio Enterprise VAS E-Learning Digger Classified Jobs Games Crosswords Sudoku The Standard Group Corporate Contact Us Rate Card Vacancies DCX O.M Portal Corporate Email RMS
×

Kenya Revenue Authority puts two Jetlink planes on auction over tax

BUSINESS
By Paul Wafula | October 5th 2015

NAIROBI, KENYA: The Kenya Revenue Authority (KRA) is auctioning two aircraft of Jetlink Express Limited as the taxman moves to recover income tax.  

The taxman has contracted Leakey’s Auctioneers to sell off the planes by a public auction. In a press notice Monday, Leakey’s Auctioneers says it has been duly instructed by KRA ‘in the matter of warrant of distress under Income Tax Act, to sell by public auction the two aircrafts, office furniture and equipment.  

The auction will happen on Wednesday 14th October, 2015 at the airline’s premises at Jomo Kenyatta International Airport (JKIA).

The budget airline grounded all its planes in November 2012 after running out of money to run operations.

The airline blames inability to access about Sh200 million of its revenue from ticket sales held in bank accounts in South Sudan.

Share this story
Telkom Kenya refutes claims of racial discrimination
Orange Telkom Kenya wishes to respond to allegations made in a cross section of the press of reported “racial discrimination, harassment and domination on Kenyan staff.”
Survey: Why 40 pc of workers want to quit their jobs
More than half of 18 to 25 year-olds in the workforce are considering quitting their job. And they are not the only ones.
.
RECOMMENDED NEWS
Feedback