Connect with us

Hi, what are you looking for?

Cyprian Is Nyakundi

News

KRA Goes After Controversial Nairobi Tycoon Mohan Galot.

The Taxman has launched fresh accusations against Nairobi tycoon Mohan Galot.

The controversial businessman behind London Distillers Limited is now being accused on Sh2.1 billion tax evasion.

Tax evasion charges add to a host of forgery charges which got him arrested in March 2019.

At the time, the 74-year-old Galot had been presented with nine counts of forgery and providing false information. He would later deny the charges and was released on Sh500,000 cash bail.

One of the charges brought against him was doctoring documents that removed two of his nephews as directors of one of the family-owned enterprises, King Woollen Mills.

The nephews – Pravin Galot and Rajesh Galot – also accused their uncle of various other improprieties around the family-owned businesses which span real estate, shares, beverage distillery, bottling and clothing.

“In May 18, 2007, with the intent to defraud and without lawful authority, made false documents, namely annual returns of King Woollen Mills for 2006, claiming it is genuine and was made by the directors of the company,” the charge sheet against Mohan read.

On his part, Mohan accused his nephew Pravin of starting a similar company to the family-owned Manchester Outfitters (K) Ltd where Pravin was also listed as a director.

“Pravin Galot is not a director or shareholder of Galot Industries or any other company that I founded. Before employing Pravin[to manage Manchester Outfitters (K) Ltd], I paid for his education in high school and university in the USA. He failed to graduate and got no credentials.

“Pravin registered a parallel company known as Manchester Outfitters East Africa Limited and used it to defraud my company. He fraudulently transferred my company property known as land reference number 24092 worth Sh800 million to his private company called Galot Holdings,” Mohan stated in his sworn affidavit to the courts.

Luxury, high-end Cars

Galot, earlier in the year, sparked online debates after photos of some of the cars he owned were shared with members of the public seeking to find out who owned the luxurious, high-end vehicles.

The vehicles caused a stir due to their unique number plates – MG 1 and S G 1.

 

 

 

Loader Loading...
EAD Logo Taking too long?

Reload Reload document
| Open Open in new tab


Would you like to get published on this Popular Blog? You can now email Cyprian Nyakundi any breaking news, Exposes, story ideas, human interest articles or interesting videos on: [email protected] Videos and pictures can be sent to +254 710 280 973 on WhatsApp, Signal and Telegram.


Comments

comments

 
Click to comment

Facebook

You May Also Like

Entertainment

Is Kenya’s Tik-Tok Queen Azziad Nasenya facing some self-esteem issues? This question dominated social media for the better part of Monday, 26 July, when...

News

For the better part of Monday evening, social media platforms were awash with one of the day’s most circulated story where a leading US...

News

Perennial drunkard and failed gospel musician Alex Apoko was recently involved in another accident where he is said to have acted very rude and...

News

As netizens continue to debate what could potentially be the week’s biggest story, fresh details have emerged regarding the controversial investigative report on Kenya’s...

Copyright © 2021 Cyprian Is Nyakundi.

%d bloggers like this: