KRA seeks to drop Sh14.5 billion case against Keroche
Rift Valley
By
Nancy Gitonga
| Aug 06, 2024
The Kenya Revenue Authority (KRA) is considering settling the Sh14.5 billion tax evasion case against Keroche owners Joseph and Tabitha Karanja out of court.
When the case came up for mention yesterday, the KRA representative informed trial magistrate Geoffrey Onsarigo that they authority have intentions to drop the multi-billion case against the Nakuru Senator and her husband since there are ongoing negotiations between the parties.
However, the authority urged the court to be granted more time to finalise the out-of-court settlement deal.
Directorate of Public Prosecutions (DPP) through state counsel Duncan Ondimu confirmed that he was aware of the ongoing out-of-court negotiations between KRA and the accused persons and urged the parties to conclude the settlement soon.
READ MORE
Macadamia traders clash over AFA's alleged bias
47 ships reroute to Suez Canal since Feb
UAE investor inks Sh104b deal to expand Galana Kulalu project
Troubled Uchumi's creditors to know fate of their billions
Why tourism is Kenya's best bet to accelerate economic growth
BAT to pay Sh50 dividend despite 19pc profit dip
Appetite for Kenya's 'green gold' spawns new crop of millionaires
Policy Statement promises nothing unusual in CS Mbadi's first Budget
UNGA President Yang backs Equity's plan to boost youth innovation
Why you may not escape paying toll fees on major roads and highways
The case did not proceed to hearing after Tabitha and her husband's advocate was said to be unwell.
The magistrate adjourned the case to September 18, 2024, to allow the out-of-court settlement agreement.
The senator faces 10 charges of tax evasion.