jas Kenya and China sign historic contract
‘ailway deal
East Africa
erate piety
Os Dine
uxuriously Rugged Finance starting from
cmp Tee eer
fe
veers, Sat, Conotatse ead emeznoy soso LACUS EU
Rogue firms
rob Kenya of
billions in tax
evasion yearly
BY PATRICK MAYOYO
msyorotnatoeaacer
‘enya Toses more than his blion
{tax revenue every year though
‘ublous Prnetoes perpetrated by
importers and exporters, secording to 8
‘report relessed last nig
"Pe report by the US based international
financial watehog, Global Financial Inez,
ER Kenya lost more has Shi lion (313
‘lion though trade misinvoiing between
Booa and 208
“That amount Se enough to finance last
year's buagel in ts entirety, without re
2Surve todonor fms: And the Shs lion
ieee yea ony sas talon hyo
Expected to borrow from extemal lenders,
‘Stoning to this years Budget estimates.
"Frade misinwoscing refers to the inten
‘ional misstating of the Yue, quantity oF
‘CONTINUED ON PAGE
‘ON OTHER PAGES
SPECIALEVENT INDEX
CHEER AS FAMILIES News P.2-11,16
CELEBRATE WORLD Opinion 12-15
MOTHER'S Letters P4
i a
‘ales abandoned cicren Word 24-29,
sharesherinspring story Susie P. 30-35,
of love and courage Sport P. 50-55,ens ps ERNST
Re eae can
seNi 04 ROBBER BARONS National News 9
Cartels exploit lack of
each year, study reveals lav, as GI report
Country over SHU triion since 2002,
5 US-based integrit
Bvarmxwtox0
Report says Kenya, faeries
‘aan nd Uganda ;
comin Maseraids of
PEAS Canes fowl ns odd
afte by tax eaon Ruwiense |
ct pep
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