Interim Report Executive Summary

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the B

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Fraud

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v

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ti

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D

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p

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raid to th

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ing

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Lim it

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4)

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Tilley (Muthaiga)

Ltd

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Fr

o

m the Chart

c

rhou

s

c

Bank,

a

c

c

o

unt

records

f

o

r th

e

f

o

ll

owi

n

g

co

mp

a

ni

es

a

nd

per

so

n

s

were c

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ll

e

ct

e

d:

J

)

Tu

s

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sscs

2

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Cr

e

at

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Inn

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vati

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s

3)

WE Till

ey

(Muth

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Ltd

4

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aile

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apati

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S

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a

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P

ao

l

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att

a

nino

;

.:

.

Fo

r the

co

n

ve

nicn

ce

o

f

o

p

c

rat

i

n

g

within the p

e

riod within

whi

c

h th

e K

en

y

a

A

nti

-

Corr

u

ptio

n

Com

mi

ss

i

o

n

can

I

cgn

ll

y

i

n

ve

s

ti

ga

t

c,

the

Ta

s

k

F

o

r

c

e

d

ec

id

e

d

to

i

n

i

t

ially

scr

ut

in

i

ze

the

r

eco

rd

s

o

f t

he

fir

s

t t

h

r

ee co

mpan

ies

s

t

ar

tin

g

fr

o

m

2

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ay

2003 to da

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f

the c

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mpan

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th

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p

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t

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ta

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to K

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fo

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period

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to Kshs.

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pa

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a

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a

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p

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s

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b

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half

o

f th

e

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n

ian

com

p

anies

a

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p

ay

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e

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ts

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ir b

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f

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r

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sa

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fo

r

the

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May

2003

t

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b

e

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1

a

m

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t

ed

t

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s

h

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5,230,2

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while

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:,

...

All

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a

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rate

gains (losses

)

it

s

eems

t

he dep

os

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ts

in t

h

eir

o

f

f

i

c

ial

bank a

ccou

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ompe

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sate

for

t

h

e sales p

r

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f the thre

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figure [or period unde

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e. J

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ly 2003 to June 2

0

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w

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find an und

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declarati

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of Ksh

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p

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ipal

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0

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al

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r

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arkets

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the computer

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o

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the final taxab

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Obtain

Bank

account

records

of the numer

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fix

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a

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po

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its

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current

account

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of the company

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ld at

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Bank and Bare la

y

s Bank and investigate

if any of the

su

p

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are banked dir

e

ctly into th

os

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a ca

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e fi Ie and recommend

charg

e

s

on the Dir

e

ct

o

r

s

of Tu

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ker Mattre

ss

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s

f

o

r failin

g

to d

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clare income and

pay

taxes due to the K

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v

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uthorit

y.

Ken

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a Revenue

Authorit

y

to commence

recovery

of the ta

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s

due

.

4.

~(ARIUKI

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Bank declined

to provide

any documents

on this account

citing a

hi

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co

urt

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rd

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r barrin

g

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b

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bank f

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of making

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by

big businesse

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in

t

own tha

t d

eposit

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Awai

t

service

of

t

he orde

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the next co

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f a

c

ti

o

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.

5

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ACCOUN

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>

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B

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5

th

May 2

00

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ab l

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as cas

h

t

ran

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fr

o

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dry

cr

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dit

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N

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xt course

of action

)

.-

Tr

ac

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n

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fi

c

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fers

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Es

t

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bli

s

h

t

h

e

r

ea

l

sou

r

ce o

f fund

s a

nd d

e

t

e

n

ni

n

c

w

h

e

th

er

i

t

i

s a para

l

l

e

l

accoun

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