The Director of Hanamal Constructions Limited, Hassan Ahmednur Baricha was on Monday charged with tax fraud amounting to Sh. 173 million.
Ahmednur was arraigned before the Milimani Senior Principal Magistrate (SPM), Peter Ooko with five counts of falsifying statements to lower the tax liability payable to the Commissioner for Domestic Taxes as required by the Income Tax Act. The offences are contrary to Tax Procedure Act, 2015.
On the first count, Ahmednur, was charged with unlawfully making incorrect statements in Income Tax return for 2015 whereby he allegedly reduced the Corporate Tax Liability by Sh 4,944,163.
In the second count, he unlawfully made incorrect statements in his Income Tax return for 2016, which reduced his Corporate Tax Liability by Sh .20,817,971.
On the third count he was charged with unlawfully making incorrect statements in the Income Tax return for 2017 reducing the Company’s Corporate Tax Liability by Sh. 24,106,797.
The other count stated that the suspect unlawfully made incorrect statements in his Value Added Tax returns (VAT) in 2015, 2016, and 2017 thereby reducing his VAT liability by Sh. 65,651,535.
The suspect denied all the charges and the ruling on his bond application was set for Tuesday.
By Alice Gworo
