Supply Chain Report: EPPO Investigates and Arrests Ringleader in €85 Million VAT Fraud in Kenya

Supply Chain Report has learned through sources that the European Public Prosecutor’s Office (EPPO) has conducted an extensive investigation resulting in the arrest of the alleged ringleader behind an €85 million VAT fraud scheme in Kenya.

According to the information gathered, the EPPO, in collaboration with local authorities, has been meticulously examining a complex network involved in fraudulent activities related to value-added tax (VAT) in Kenya. The investigation revealed a sophisticated operation aimed at evading VAT payments, ultimately causing significant financial losses to the government and undermining the integrity of the tax system.

The EPPO’s efforts led to the identification of a key individual believed to be the mastermind orchestrating the fraudulent scheme. This individual, whose identity has not been disclosed pending legal proceedings, was apprehended by authorities following a thorough investigation and intelligence gathering.

The arrest marks a significant milestone in the EPPO’s ongoing efforts to combat financial crimes and protect the economic interests of the European Union and its member states. The EPPO, along with its partner agencies, remains committed to upholding the rule of law and ensuring that perpetrators of financial fraud are held accountable for their actions.

While the investigation is still ongoing, the arrest of the alleged ringleader represents a significant breakthrough in dismantling the illicit network responsible for perpetrating the €85 million VAT fraud in Kenya. The EPPO continues to work closely with local authorities and international partners to pursue further leads and bring all individuals involved in the fraudulent scheme to justice.

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