Asian tycoon Mohan Galot has been arraigned at Milimani Law Courts and charged with over Ksh2.1 billion tax evasion.
Galot who is a director at the alcohol manufacturing firm is facing a total of 18 counts among them failure to pay taxes contrary to Section 95 as read with section 104(1) of the Tax Procedures Act, 2015.
“Mohan Galot, London distillers limited your charged that between January 2016 and December 31, 2016, being the director of the company and a limited liability company incorporated in such under PIN P051100858R unlawfully omitted from the added tax returns for the year 2017amounting to Sh1.4 billion which ought to have been declared to the commissioner as required,” read count eleven of the charge sheet.
The director is also alleged to have omitted from returns from tax returns production volumes and sales amounts contrary to section 97 (a) as read with section 104 (3) of the Tax Procedures Act, 2015.
A probe into London Distillers (K) Limited found that the firm and its director devised a scheme to evade taxes, including Excise duty on locally manufactured spirits, VAT and Corporation taxes.
The businessman pleaded not guilty before Chief Magistrate Martha Mutuku and was released on a cash bail of 1 million shillings and the case will be mention on August 9, 2021.
In 2019, The director was accused of forgery claims by his 2 nephews of trying to remove the nephews as directors of one of the family-owned enterprises where he denied the 9 counts.