Connect with us

Hi, what are you looking for?

Cyprian Is Nyakundi


Mombasa tycoon’s Sh2.3b tax case stalls


A tax evasion case involving an Asian tycoon Mohamed Bachoo stalled last week after defence lawyers and the prosecution failed to agree on how to proceed.

Bachoo, a prominent Mombasa businessman was charged late last year with evading taxes worth Sh2.3 billion.

Bachoo, the director of Karibu Mchele Commodities was released on a cash bail of Sh2million after denying all three charges of tax evasion lodged against him.

He appeared again last week before Mombasa resident magistrate Rita Amwayi for a pre-trial conference that never kicked off.

Magistrate Amwayi was forced to reschedule the hearing date after DPP had failed to submit his response as had earlier been ordered by the court.

Bachoo’s defence lawyer Gikandi Gibuini had demanded that DPP should supply his client with all relevant documents to the case including exhibits ahead of the pre-trail conference.

According to court files, Bachoo has been under investigation by KRA over tax evasion claims. He is said to have committed the offense over the last three years from 2015.

In the first count, the tycoon was charged that while trading as Karibu Mchele Commodities, he jointly with others not before court defaulted to remit Sh1.1billion to the taxman in 2017.

He also denied another charge of failing to pay another Sh136million as tax in 2016.

Bachoo further denied a third count of failing to remit Sh906 million as income tax to the taxman in 2015.

The magistrate directed that the DPP should submit his response to the court within the next two weeks before the next date of the pre-trail conference.


Source link

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.



Click to comment


You May Also Like


*Editor’s Note: This open letter to Safaricom has been published as received. No redactions have taken place to avoid legal issues pending a court...


  These pictures you are about to view calls to heart the need to be extremely careful about what you do in the  secret...


This is an intervention for Victoria Rubadiri so as to help her revert back to factory settings. We notice your slow drift away into...


Caption : Edwin Kigen Who was Murdered in Madaraka Estate. We demand for answers from Boinnet ! Another young man may have been brutally assaulted and...

Copyright © 2020 Cyprian Is Nyakundi.