Tycoon Humphrey Kariuki Speaks After Acquittal In Tax Evasion Case
Billionaire tycoon Humphrey Kariuki says his acquittal in a Sh7.4 million tax evasion case is a victory for justice in Kenya.
While acquitting the businessman on Tuesday, Milimani Court Senior Magistrate Kennedy Cheruiyot said the Director of Public Prosecution failed to produce witnesses, 16 months after the suspect was charged.
The proprietor of Africa Spirits Ltd and WOW Beverages Ltd, both based in Thika, later released a statement maintaining that he is a law-abiding citizen.
“Today our courts in Kenya have acquitted me of unfounded charges as a result of the continued failure of the prosecution to produce evidence. I am a great believer in the strength and independence of the judicial system in Kenya, and I have at all times respected and acted in accordance with the decisions of the courts. Today’s decision is a sign that our courts remain robust and effective and it is a victory for justice in Kenya,” a statement reads in part.