Deepak Rajoriya, Director of Oki Trading Kenya Limited
Disturbing details have emerged linking Deepak Rajoriya, Director of Oki Trading Kenya Limited (OTKL), to a complex web of tax evasion and fraud that has left Kenya, an East African country, bleeding in poverty.
The fraud involves a multimillion-dollar fraud racket involving a complex web of companies associated with Deepak Rajoriya.
To start our investigations, the Kenya Revenue Authority (KRA) exposed a dangerous scheme that involved an illegal importation of perfumes worth more than USD 300,000 (KSh 39 million).
Additionally, the perfumes were cleared into Kenya with a paltry KSh 2 million in duty, a fraction of the actual liability. It is because of this that the country has continued losing millions through Mr Deepak Rajoriya’s tax fraud games.
According to some investigations’ details in our possession, a calculated racket was executed through a complex web of shell companies among Satnam Limited and Satnam Kenya Investment Limited; both of them were designed to manipulate import paperwork and shield the fraud from scrutiny.
Additionally, Karan Badlani, a director of Satnam Limited, is said to have lived in Kenya for over two and a half years, and more reports showed that he lived in Kenya without a visa.
More details have also emerged showing the partnership of the Rajoriya–Badlani partnership: Rajoriya manipulates import documents and duty declarations. Badlani provides cover through a rotating network of shell companies.
Sources reveal that Deepak Rajoriya and partners together run a big network designed to defraud profits abroad while transferring the tax burden to the Kenyan citizen.
The money stolen was to be used for the betterment of Kenyans’ lives through good hospitals, schools, and better infrastructure.
