Trader denies Sh4.9 million tax evasion charge
| Jan 20th 2022 | 2 min read
A businessman has been charged with evading tax amounting to Sh4.9 million.
David Kamani, a director of Sawakal General Contractors Limited, appeared before Chief Magistrate Francis Andayi to face four counts of fraud and another of failing to pay tax.
Mr Kamani was charged that on diverse dates between January 1, 2014, and December 31, 2018, he failed to declare Sh27 million from the business which would have attracted Sh4.9 million Value Added Tax (VAT).
He faced a second count of fraud by omitting Sh2.4 million from his income tax returns, an amount which would have attracted Sh61,658 tax during the same period.
On the third count, the accused was charged that within the same period, and without reasonable cause, he failed to pay VAT on due date.
In the fourth count, Kamani was accused of failing to pay Sh61,658 income tax by the due date.
Through lawyer Muhoho Gichimu, the accused denied the charges and requested he be released on reasonable bond with the option of cash bail.
According to Gichimu, the accused was not a flight risk as he is a resident of Karatina where the business is also based.
The prosecution, led by Mwangi Gachanja, said even though it was not opposed to the grant for bond or bail, the court should exercise its discretion in awarding the sum.
But Gichimu argued it would be unfair since there were set guidelines directing the court on how much bond to grant the accused.
The magistrate released the accused on a bond of Sh1 million with a surety of a similar amount. The case continues on January 27.
Menace no more: Youth at Dunga Beach turn to hyacinth for a livingThe youths are using hyacinth, the invasive plant species choking Lake Victoria, to make biogas and the different housewares.
Cane farmers fight lease given to Ugandan millerSugarcane farmers have thrown their hats into the legal ring and challenged the lease issued to Ugandan miller Sarrai Group.
Cate Waruguru: Be assured that I'll still be an MP in the next Parliament
By Betty Njeru
- An indecent proposal and a public rebuff
By Peter Kimani
- Serial shop lifter caught stealing maize flour again
- Two bright sisters fail to join Form One over lack of fees
By Marion Kithi
- Top KCPE triplets stranded as half term break nears
- Mudavadi: ICT ministry, CA have conspired to rig Raila in
By Brian Okoth