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KRA Uncovers Alleged KSh42 Billion Fake Invoice Scheme

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KRA Uncovers Alleged KSh42 Billion Fake Invoice Scheme

The Kenya Revenue Authority (KRA) has uncovered an alleged KSh42 billion fake invoice scheme involving 72 companies, with investigators tracing suspicious transactions linked to Value Added Tax (VAT) claims.

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The revelations have raised concerns over possible abuse of the tax system and the potential loss of public revenue. Attention is now turning to those facing court proceedings as investigations into the alleged scheme continue.

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