Police rearrest Humphrey Kariuki after he is freed on Sh11m cash bail

By , K24 Digital
On Mon, 19 Aug, 2019 17:54 | < 1 min read
Humphrey Kariuki
Tycoon Humphrey Kariuki appears in court on Monday, August 19, 2019. PHOTO | NANCY GITONGA
Tycoon Humphrey Kariuki appears in court on Monday, August 19, 2019. PHOTO | NANCY GITONGA

Businessman Humphrey kariuki has been rearrested by detectives minutes after after he was freed on Sh11 million cash bail.

The officers from Directorate of Criminal Investigations had camped outside Milimani Law Courts waiting for him to be freed from the basement cells.

Mr Kariuki and eight others were charged on Monday with tax evasion but they were granted bond by the court despite protests from the prosecution team.

The tycoon resurfaced barely a month after Director of Public Prosecutions Noordin Haji recommended his prosecution over alleged failure of his firm to comply with tax law.

Among the charges he denied included: failing to pay tax, fraud, being in possession of counterfeit excise stamps, uncustomised goods, excisable goods affixed with counterfeit excise stamps, committing a tax offence and forgery.

More follows.

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