KRA boss summoned over alleged Sh62 billion tax loss

Kenya Revenue Authority Commissioner-General Humphrey Wattanga. [File, Standard]

Kenya Revenue Authority (KRA) Commissioner-General Humphrey Wattanga is in the cross hairs of MPs over the government’s alleged loss of Sh62 billion through tax evasion by Louis Dreyfus Company (LDC) Asia PTA limited and Louis Dreyfus Company Kenya (LDC) limited.

According to documents tabled in Parliament, the tax evasion was orchestrated through mis-declaration of palm oil cargo imported by the companies within three years.

The Finance and National Planning Committee has summoned Wattanga with the intent of getting to the bottom of the matter and is required to appear before the committee to provide information vital to the MPs inquiry.