Embattled billionaire Humphrey Kariuki who faces charges of tax evasion has spoken out.
In a statement on Wednesday, the businessman rejected the idea that he had worked towards evading paying his taxes to the Kenyan government.
"The truth, law and evidence is wholly behind me. I shall defend myself adequately and openly for the general public to know the truth, " his statement read in part according Media Max-owned K24 Television news portal.
Humphrey was arrested and released on bail but was immediately re-arrested and carted away to the Directorate of Criminal Investigations (DCI) to face questioning over alleged money laundering.
The billionaire businessman is accused alongside his co-directors of evading to pay tax to the tune of 41 billion shillings.
Sleuths from the Financial Investigations Unit (FIU) are working on his case.
He branded the accusations against his as false and in bad faith.
“I affirm that I have no outstanding tax dispute with the KRA, and that I do not manage any company that has a tax dispute with KRA. Therefore, any allegation linking me to tax evasion is false and in bad faith,” he said.
Mr Kariuki said that he had invested a lot of money in the Kenyan economy