Former Kenyan MP told to pay MultiChoice KES 153 mln by Kenyan Court of Appeals Thursday 14 May 2020 | 14:51 CET | News
The Kenyan Court of Appeals has allowed MultiChoice Kenya to recover KES 153 million from former Member of Parliament Maina Kamau, Business Daily reported. The former MP is said to have defrauded the South African firm, which owns DStv, ten years ago through his clearing and forwarding company Mainkam. The amount was meant to be taxes payable to the Kenya Revenue Authority (KRA) for satellite dishes and decoders imported in 2009 when Kenya was preparing for the television digital migration. But Kamau's logistics firm failed to remit the taxes as the two had agreed.
MultiChoice moved to court in 2012 and on 24 September 2019 Justice William Tuiyot issued an order compelling Mainkam to refund the amount together with interest. The pay-TV firm lost the money as a result of the non-remittance, that was unearthed by a KRA audit on its financial books. But Mainkam was aggrieved by the ruling and it filed an appeal as well as an application to stop execution of the judgment.
In an affidavit, Kamau said pursuant to the High Court's decree that the international firm would begin the process of execution, which would render the intended appeal nugatory as the decretal sum is a colossal amount. He contended that the appeal is arguable, raises substantial points of law and facts and that he stands to suffer irredeemable loss and damage. But the court ruled that Multichoice âbeing a well-known international company of good reputeâ, would be in a position to refund the money should Mainkam's appeal succeed. The Bench described the money as âa significant amount of money which could have been put to good use to ensure the respondent continues to run effectivelyâ.
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Categories: | General |
Companies: | MultiChoice |
Countries: | Kenya |
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