UGX 5.1 Billion Tax Fraud Case!! Trial of Riders Uganda Ltd Staff Put on Hold
The trial of five senior staff members from Riders Uganda Ltd, including two company directors and three accountants, has been temporarily halted. The case involves serious allegations of tax fraud amounting to UGX 5.1 billion. The accused are believed to have under-declared taxes and submitted false information to the tax authorities over a six-year period, from July 2015 to June 2021.
Among the suspects are Pius Mwilili Muli and Richard Drakuma, both serving as directors of the company. They are joined by three accountants: Obadiah Kioko, Betty Namwanje, and Stephen Kasenge. These individuals are accused of knowingly giving false statements to a tax officer, an act that is a serious offense under Ugandan tax laws.
The case, which has attracted significant public attention, was temporarily adjourned to allow the Uganda Revenue Authority (URA) to carry out a fresh audit of the company’s tax records. The court believes this re-audit is necessary to ensure accuracy and fairness in the trial. The new hearing date has been set for 11th September 2025.
This development adds to growing concerns over corporate tax fraud in Uganda. Authorities continue to crack down on companies suspected of tax evasion, urging businesses to be transparent and comply with tax regulations. The outcome of this case is expected to send a strong message to the corporate world about the consequences of breaking the law.
