Last Updated on April 23, 2026 by courtnews reporter

Peterson Maina Maruhiu Charged with Sh200 Million Tax Evasion in Urotide Investments Case

Updated: April 23, 2026, 7:46 PM EAT | CourtNews Kenya

Quick Summary

• Accused: Peterson Maina Maruhiu

• Company: Urotide Investments Limited

• Amount: Sh200 million

• Charge: Tax evasion and false VAT declarations

• Court: Nairobi Milimani Court

• Magistrate: Caroline Mugo

A director of an investment firm, Peterson Maina Maruhiu, has been charged before a Nairobi court over alleged tax evasion amounting to Sh200 million.

read:Moi University Auction Threat as KSh1 Billion Court Battle Freezes Accounts

Tax Evasion Charges Explained

The court heard that Peterson Maina Maruhiu, a director at Urotide Investments Limited, made false declarations in VAT returns between February 2023 and January 2024.

Prosecution alleges that he:

• Claimed fictitious purchases worth Sh149,962,562 from Balsam Hardware Limited

• Reduced VAT liability by Sh23,994,101

• Filed additional fictitious claims of Sh99,824,805 linked to Nyamerambo The Ark Company Limited

• Reduced VAT by Sh15,971,969

Additional Charges in VAT Fraud Case

Further allegations state that Peterson Maina Maruhiu:

• Claimed fictitious purchases of Sh90,819,437 linked to Super Ideal Hardware Limited

• Reduced VAT liability by Sh14,531,110

• Filed further false claims reducing tax by Sh14,070,266

The prosecution maintains that the actions were deliberate and aimed at evading tax obligations.

read:William Kimani Richu Implicated in Fraud Attempts Linked to James Karugu Estate

Court Proceedings and Bail

Peterson Maina Maruhiu appeared before Caroline Mugo at the Milimani Law Courts, where he denied all charges.

The court granted:

• Cash bail: Sh1.5 million

• Surety: Similar amount

What Happens Next

The case will proceed to hearing where:

• Evidence will be presented

• Witnesses may testify

• The court will determine liability

Frequently Asked Questions

Who is Peterson Maina Maruhiu?

Peterson Maina Maruhiu is a director charged with tax evasion in Kenya.

What is the amount involved?

The case involves Sh200 million in alleged tax evasion.

What company is involved?

The case involves Urotide Investments Limited.

What did the court decide?

He was released on Sh1.5 million cash bail.