SportPesa Chief Executive Ronald Karauri
File | Nation Media Group

Inside SportPesa’s Sh95bn tax gamble as KRA digs in

What you need to know:

  • Discrepancies have also emerged on the amount of money posted on the company’s ledgers and financial statement.
  • KRA will be seeking Sh21.7 billion as outstanding betting tax and Sh10 billion as withholding tax on winnings.

As businessman Paul Ndung’u is shown his way out of the boardroom of troubled gaming firm SportPesa, the shareholders’ woes are set to deepen further as Kenya Revenue Authority moves in to demand Sh95 billion in tax arrears and penalties.

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