Hello,
Below is how businesses are ripping off suppliers, employees and financers.
Saurus Networks Limited. PIN P051199292Q has been doing the below tax evasion, fraud, cheating employee off their pay.
The information offered here is just a nutshell of the crime going on in Saurus Networks.
If I was one of those this Company owes money, I would do whatever it takes to get at least some of it back or kiss it all goodbye. Fraudsters such as the director, Zablon Njuguna should not be masquerading himself in this town as a business man when he is a con artist.
1. Not paid a majority of its staff since 2015 and has not remitted their true PAYE, NHIF, NSSF. They have been doctoring PAYE returns, P9 forms as per attached exhibit 1. I have only attached 3, but rest are identical.
2. The books doctored to show losses. The company has made very big sales evading corporate tax.
KRA only asking for 10 million from the company but this based on doctored books and records. they however 3 to 4 times more approximately
3. Company has accumulate debt with suppliers and fail pay them. see exhibit 2 of sample list of people, some name hide protect them, and supplier the company owes. This is however a very good planned out scheme. So how it works is they buy in credit and sell some times at cost or below cost, collect from client but never pay the creditor in full. sometimes part payment is made just as a way to put off a persistent creditor. if creditor push too much or make threat, they get pay plan that never honoured or maybe 1, 2 installment made.
[embeddoc url=”https://cnyakundi.com/wp-content/uploads/2019/11/exhibit2-creditors..txt”]
4. The director of the company starching dollars abroad with intention to run to Mauritius. see exhibit 3. In this regard, he is taking as much debt as possible to have as much money when he skips the country with peoples money. doing same by taking bank loans.
[embeddoc url=”https://cnyakundi.com/wp-content/uploads/2019/11/exhibit-3-relocation.pdf”]
[embeddoc url=”https://cnyakundi.com/wp-content/uploads/2019/11/exhibit-3-relocation.pdf”]
5. Bounce cheques – this is order of day. many suppliers have had their cheques bounce many times. exhibit 4 for one such case.
a little dig and find a lot of evidence of many things i don’t know about.
[embeddoc url=”https://cnyakundi.com/wp-content/uploads/2019/11/exhibit-4-bounced-checque.pdf”]
The director is not only a con artist but a fraudster and serial lier who will probably skip the country when he notices he is being investigated.
He has no family and therefore only cares about himself. he will do whatever he thinks he wants to swindle money from suppliers, employees, financers and unsuspecting persons.
