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Originally published by The Standard Business
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February 3, 2026
17h ago

How Kenya has lost Sh6.1 trillion to tax fraud

How Kenya has lost Sh6.1 trillion to tax fraud

While KRA is hunting for millions of shillings from individuals, it is overlooking billions of shillings systematically siphoned off by large corporations through manipulated paperwork...

✨ Key Highlights

A new report by Global Financial Integrity reveals that Kenya lost over Sh6.1 trillion between 2013 and 2022 due to "trade misinvoicing," a sophisticated form of fraud by large corporations. This substantial loss significantly hinders the government's ability to fund development and tackle its debt crisis.

  • Kenya has lost over Sh6.1 trillion to "trade misinvoicing" between 2013 and 2022.
  • The report was published by Global Financial Integrity, a financial watchdog.
  • The amount lost to this fraud is nearly 50 times more than what the taxman pursues from small traders and salaried employees.

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