Home Business KRA freezes tycoon’s Sh9bn pipeline pay over tax row

KRA freezes tycoon’s Sh9bn pipeline pay over tax row

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[Source: Business Daily, by Edwin Mutai]

The Kenya Revenue Authority (KRA) has attached billions of shillings owed to Lebanese tycoon who built the Mombasa –Nairobi pipeline over Sh6.7 billion tax tussle.

Macharia Irungu, Kenya Pipeline Company (KPC) managing director told Parliament they received an agency notice from KRA demanding payment from cash due to Zakhem International Construction which built the Sh48 billion Mombasa-Nairobi oil pipeline…

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