Inside SportPesa’s Sh95bn tax gamble as KRA digs in
As businessman Paul Ndung’u is shown his way out of the boardroom of troubled gaming firm SportPesa, the shareholders’ woes are set to deepen further as Kenya Revenue Authority moves in to demand Sh95 billion in tax arrears and penalties.
For months, the troubled betting firm, linked to Bulgarian buccaneers, has been under the taxman’s scrutiny with a team carefully picked to look at the company’s ledgers, agreements, financial statements and invoices.