×
App Icon
The Standard e-Paper
Smart Minds Choose Us
★★★★ - on Play Store
Download App

Banks say delay in excise tax cases may cost them billions

Post Bank headquarters banking hall on 16th September 2016. [PHOTO: WILBERFORCE OKWIRI]

Warning: Several lenders have already warned customers to brace for deductions, depending on suit outcome

They have opposed consolidation of their case challenging so-called Robin Hood tax with that of activist Omtatah, saying it will only drag litigation process. 

Premium Article

Get Full Access for Ksh299/Week.

Uncover the stories others won't tell. Subscribe now for exclusive access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902