The Ethics and Anti-corruption Commission EACC has Monday June 29 arrested a Kenya Revenue Authority Manager and his wife over unexplained accumulated wealth of over 550 million and fraudulent failure to remit taxes of over 38 million shillings.
Joseph Gikonyo Chege and his wife Lucy Kangai Stephen, who are both directors of Giche Limited were under investigations by EACC over a period time, over unexplained accumulated assets of over 550 million between 2010 and 2015.
“The commission established that between the years of 2010 and 2015, Joseph Chege Gikonyo and Lucy Kangai Stephen both being directors of Giche limited accumulated unexplained assets amounting to Kshs. 597,457,059”, a statement from EACC read in part.
The anti-graft agency also stated that the two also failed to pay taxes to the Kenya Revenue Authority (KRA) amounting to over 38 million shillings, and are now in custody awaiting arraignment in court on Tuesday June 30.
“Further , the commission established that Gikonyo and kangai both being directors of Giche Limited … fraudulently failed to pay taxes due to the Kenya Revenue Authority for the sum of Kshs 38,692,694 being the company’s tax due and accrued expenses”, the statement read.
Press Release – Inquiry into allegations of tax evasion by KRA Manager Mr. Joseph Chege Gikonyo, his wife Lucy Kangai Stephen and their company M/s Giche Limited. pic.twitter.com/blQbT1H135
— EACC (@EACCKenya) June 29, 2020