Hashi Energy Faces $54 Million Tax Appeal Defeat Amid Impending Liquidation
NAIROBI, Kenya (AX) — Hashi Energy, a key player in the petroleum industry, hit a wall attempting to shake off a Sh7 billion ($54 million) tax demand from Kenya Revenue Authority (KRA). This tax debacle only adds to the company’s economic woes as liquidation looms large.Presiding over this financial conundrum, Robert Mutuma and the Tax Appeals Tribunal concluded that Hashi Energy was unable to furnish adequate proof to counter KRA’s tax calculations spanning 2017 to 2022. Furthermore, the company didn't submit its!--more-->…