Abdi Gedi Amin, a Mombasa based businessman will be charged today with Sh1 billion tax evasion at the Mombasa law courts.
According to tax regulating body KRA, Abdi was arrested on Thursday in Mombasa for being involved in a massive tax evasion syndicate.
KRA further said that Abdi will be charged with several counts among them failure to file returns, to pay taxes and giving false information that affects tax liability for himself and two other companies.
In a statement on Friday KRA said that the offences contravene Section 97(c) as read with Section 104(3) of the Tax Procedures Act 2015.
Abdi is alleged to have formed more than seven companies where he is either a director or used proxies to manage the firms, including being bank signatories.
The formed companied have been operating as wholesalers, manufacturers and retailers in household commodities including sugar, oils, among many others.
The companies are spread across Mombasa and Nairobi.
KRA said it is committed to facilitating taxpayers to pay and file their taxes as part of their civil duty toward making the country self-sustainable.
The suspect spent Thursday night in police custody awaiting to take a plea on Friday.
