Platinum Distillers closed down over tax evasion

Platinum Distillers Limited an alcoholic drinks manufacturer based in Ruiru has on Sunday been closed down over tax evasion.

Four people have been arrested following a sting operation by Kenya Revenue Authority over an alleged tax evasion plot of Ksh 14 million.

Platinum Distillers are said to have concealed its imports as raw materials for making alcohol in order to pay less tax.

The distillers ended paying up Ksh 383,000 as taxes after concealing the goods as ethanol from India when they should have actually pay Ksh 14 million in taxes.

Early February another distiller company called African Spirits was found with ethanol of huge amounts with fake stamps from KRA following a joint operation by KRA, DCI and Flying Squad.

Also read: Gucci owner owes $1.6 billion in back taxes,Italy report indicates

African Spirits are the manufacturer of Blue Moon Vodka, Furaha Vodka, Furaha gin among other brands.

Police are however still searching for the owner Humphrey Kariuki who is a tycoon for the offense of tax evasion.

A manhunt has also been launched for other people linked to the tax evasion syndicate at African Spirit.

Slavian Mwangecho
Passionate blogger on a day to day activities happening in Kenya, Africa and around the world. A keen follower of the latest news making headlines around the world

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