26th February 2016
KenolKobil Ltd., Kenya’s biggest fuel retailer by market value, will use proceeds from the sale of its Tanzanian and Congolese operations to reduce financing costs after exiting regions its managing director said were rife with tax evasion. Read More
25th February 2016
A Jersey registered company has pleaded guilty to four counts of money laundering in a case involving a corrupt Kenyan public official who hid millions of pounds in the Island. Read More
19th February 2016
Companies whose dealings with the National Youth Service are under investigation have a tax bill which could run to Sh1.2 billion. The Kenya Revenue Authority has been drafted into a government task force investigating the NYS scandal, effectively taking over from the Ethics and Anti-Corruption Commission… Read More
16th February 2016
NAIROBI – Less than two weeks since it cleared former Devolution Cabinet Secretary Anne Waiguru of involvement in the theft of Sh791 million from the National Youth Service, the Ethics and Anti-Corruption has opened a fresh probe. Read More
15th February 2016
NAIROBI – The Office of the Director of Public Prosecutions (DPP) on Monday approved money laundering charges against 11 suspects in the National Youth Service (NYS) fraud case. Read More
10th February 2016
Diack is under formal investigation in France on suspicion of corruption and money-laundering linked to the concealment of positive drug tests in concert with Russian officials. Read More
10th February 2016
Kenya became the 94th jurisdiction and the 12th African nation to sign the Multilateral Convention on Mutual Administrative Assistance in Tax Matters on February 8, 2016. Read More
8th February 2016
Kenya today signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters. Kenya is the 12th African country to sign the Convention and the 94th jurisdiction to join it. Read More