Hashi Energy Ltd., an integrated fuel trader founded by Kenyan businessman Ahmed Hashi, has suffered a setback in its long-running 55.7 million tax dispute with the Kenya Revenue Authority after the High Court rejected a late bid to introduce new evidence in the case.
The ruling leaves the company facing a tax demand of Ksh7.18 billion 55.7 million and adds to the pressure on the petroleum dealer, which is already under liquidation. Hashi Energy had asked the court to admit additional records as part of its appeal against an earlier decision by the Tax Appeals Tribunal, but the judge said the request came too late and failed to meet the threshold required in appellate proceedings.
Court ruling deepens Hashi Energy challenges
