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City tycoon fights off link in suspected Sh41b tax fraud

Billionaire Humphrey Kariuki. [Standard]

Embattled billionaire Humphrey Kariuki has dissociated himself from management of Africa Spirits, the alcoholic beverage maker at the centre of suspected Sh41 billion tax fraud.

Through London-based lawyers Schillings, the tycoon also claimed Africa Spirits is not one of the companies owned by the Janus Continental Group (JCG).

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