Day: May 9, 2021

THREE DIRECTORS CHARGED WITH TAX FRAUD

Youthful firms directors charged with tax fraud amounting to 12m     By Samuel Migele       Three youthful Kenyans were charged before Milimani Chief Magistrate Francis Andayi with several counts of tax frauds a mounting to KShs.12.5 million.   Victor Olingo Odhiambo, Rodgers Otieno Odhiambo and Moses Thur e Odhiambo all directors of Remarc Logistics Limited, a clearing age nt are jointly accused of making false cargo entries with lowered tax values to avoid paying required customs taxes while clearing goods.   The Kenya Revenue Authority (KRA) established that the accused pe rsons made eleven entries between 2015 and 2019 while acting as cl earing agent on behalf a company that imported goods between the said dates.   The three were given genuine invoices to lodge Import Declaration Forms (IDF) and later lodge entries for customs clearance of the con…