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Flying Squad Re-arrests Tycoon Humphrey Kariuki

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Nyakundi Report

Newsroom 1 min read

This archive report was first published on 19 August 2019.

On August 19, 2019, tycoon Humphrey Kariuki was re-arrested by flying squad officers, just hours after being freed on Sh11 million cash bail.

Earlier that morning, Kariuki had been charged with tax evasion and ordered to deposit his passports in court.

The businessman, who was accused of evading taxes amounting to Sh17 billion, had jetted into the country the previous day, despite an arrest warrant being issued against him over a week ago.

Prosecutors had presented three files against Kariuki and eight others, including directors of Wow Beverages and Africa Spirits, who were accused of tax evasion and being in possession of counterfeit excise duty stamps.

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