Jatin Aswani, a controversial businessman, has been linked to a web of tax evasion and forgery scandals that have shaken Kenya’s financial integrity.
Investigations reveal his connections to companies such as OKI General Trading Kenya Limited, Satguru Group, and Roch Appliances Limited — entities allegedly used to siphon millions of shillings while evading taxes.
For a long time, some rogue businessmen have been linked to multiple instances of tax and immigration fraud in Kenya.
These scandals, including those linked to Jatin Aswani, have fueled corruption and cost the country millions of shillings in lost revenue from innocent taxpayers’ money.
At the centre of the allegations of fraud is controversial businessman Jatin Aswani. Before he escaped into hiding in Uganda after committing financial fraud in Kenya. The cases against him are still active as an open wound.
Additionally, Aswani initially for many years operated an Eco bank account which he transacted millions of Shillings.
Ironically, his millions never saw the door of the Kenya Revenue Authority. In short. Aswani never paid a single coin as tax as the law required. He also operated using a fake work permit, which no one would question.
Being an Indian National. He had some corrupt, powerful people who protected him.
His case intertwines with OKI General Trading Kenya Limited, the company that is linked to Sh8 million tax fraud.
Our investigations, however, revealed that controversial Aswani is an alleged director of Roch Appliances Limited alongside associates Prakash Lalchandani and Anil Chandirani.
Sources aware of the matter reveal that the company is a cover-up of the said evils that Mr.Aswani has been committing in Kenya.
Additional probe shows that the controversial Aswani is also linked to Satguru Group, a conglomerate with a suspicious footprint across Africa.
Information reveals that Satguru projects the image of a genuine business empire, but sources from within suggest a disturbing picture and also expose a scaring pattern of looting local economies, siphoning money abroad, and funding lavish lifestyles in Dubai.
It is noted that Mr. Aswani’s activities are well-planned and calculated, which is part of his survival tactics.
Additionally, Aswani is allegedly linked to forgery, where he is accused of being a master at falsifying signatures of fellow directors for the purpose of withdrawing millions of shillings from Ecobank, where his operations are well established.
It is alleged that although complaints were made at the Central Bank of Kenya and at the Eco Bank. Nothing has been done. Thanks to his corruption skills.
Aswani’s links to Satguru Group’s offshore hub, PLAC General Trading FZCO, in Dubai have helped him perfect his act of money laundering, and his ability to pocket politicians has enabled him to expand his fraud and money laundering empire.
It has also been revealed that the Fraudster is enjoying life with a big spoon in Uganda as he tries to expand his empire of fraud there. He has a pending warrant of arrest in Kenya, and although he still manoeuvres to sneak back in, he has shown no interest in abiding by the said warrants.
Economic Experts are now calling on the Authority to work on bringing Mr.Aswani back to the country to face justice, explaining that through his corruption depths, money meant for hospitals, schools, and even roads has been lost through his hands.
They also want the government to fill the gap by working on formulating key laws that will deter fraudsters like Aswani from freely operating in Kenya
