Kenyan billionaire businessman Humphrey Kariuki was on Monday evening re-arrested moments after a Nairobi court released him on a cash bail of Sh11 million.
Kariuki was reportedly re-arrested by detectives from Directorate of Criminal Investigations (DCI) over alleged illegal importation of ethanol through his brewing company, African Spirits Limited, Citizen Digital reported. He will be presented in court on Tuesday to face new charges.
On Monday morning, Kariuki was charged with 21 counts of tax evasion before Milimani Chief Magistrate Francis Andayi.
Kariuki, who presented himself in court nearly two weeks after Director of Public Prosecutions (DPP) Noordin Haji ordered his arrest for evading taxes amounting to Sh41 billion, pleaded not guilty to all the charges.
Magistrate Andayi released him on a cash bail of Sh11 million with an alternative bond of sh22 million. He further directed Kariuki to deposit his passports in court.
Kariuki is accused of evading the taxes through his companies Africa Spirits Limited and Wines of the World (WOW) between 2014 and 2019. His case will be mentioned on September 5th, 2019.