Press "Enter" to skip to content

KRA boss, wife arrested after discovery of Sh597M unexplained wealth


Mysterious Sh597 million wealth

Kenya Revenue Authority (KRA) manager Joseph Chege Gikonyo and his wife Lucy Kangai Stephen have become the latest suspects arrested on graft charges.

According to the Ethics and Anti-Corruption Commission (EACC), the two were found to possess Sh597 million wealth that could not be explained.

The two have further been accused of tax evasion to the tune of Sh38 million through a company they jointly manage, Giche Limited

KRA manager Joseph Chege Gikonyo
KRA manager Joseph Chege Gikonyo

Also Read: Chaos as Governor Ngilu’s lawyers are matched out of Assembly grounds

“Jospeh Chege Gikonyo and Lucy Kangai Stephen both being directors of Giche Limited accumulated unexplained assets amounting to Sh597,457,059.

“Further, the commission established that the two fraudulently failed to pay taxes due to the Kenya Revenue Authority for the sum of Sh38,692,694 being the company’s tax due and accrued expenses,” a statement from EACC read in part.

S.Sudan NEWS PORTAL:  South Sudan protesters demand Kiir’s resignation

Back in August 2018, Mr Gikonyo issued a statement after The Standard published an article questioning his vast wealth on a Sh100,000 salary.

“I am not to blame for the rise in prices and value of my properties, which cannot be attributed to corruption. They (EACC) previously sought to have me forfeit the properties to the Government in 2016 but the court overruled them after I satisfactorily explained the source of my wealth,” he stated at the time.

Original full article available on the website → Pulse Live Kenya

Credits : Pulse Live Kenya ( → Author : South Sudan PRESS REVIEW

S.Sudan NEWS PORTAL:  Machar to name new deputy minister of interior

Publishing and Aggregation by : South Sudan NEWS PORTAL
Permission : Central Press Syndicate South Sudan
Facebook : South Sudan NEWS PORTAL

We respect the intellectual property rights of our news sources and expect our users to do the same. We may provide links to external news sources from time to time, but any trademarks, logos, photographs and videos remain their copyrighted works. If you feel our website violates fair use or infringes on your copyright, inform us immediately for redress.
S.Sudan NEWS PORTAL:  Feline Safaris Tanzania

The Central Press Syndicate of South Sudan publishes articles related to South Sudan from press wires, verified social media sources and Google news, thereby centralizing South Sudanese news from all over the web, in an easy to read format.


Read related stories with similar tags below:

Be First to Comment

Leave a Reply