Grapevine

KRA boss given seven-day ultimatum over Sh64 billion edible oil revenue loss

Kenya Revenue Authority Commissioner General Humphrey Wattanga. [Standard, File]

A House committee has given Kenya Revenue Authority (KRA) Commissioner General Humphrey Wattanga seven days to provide information on an alleged Sh64 billion revenue loss linked to misdeclared imports by Louis Dreyfus Company (LDC).

The ultimatum follows Wattanga's failure to attend a scheduled session with the National Assembly’s Finance and National Planning Committee on Wednesday.

The committee is investigating how the government lost billions in revenue over the past three years through the importation of edible palm oil disguised as crude palm oil.

Documents presented to Parliament reveal that the product was imported from Malaysia and Indonesia via the port of Mombasa for the East Africa Community market.