Pakistani born business tycoon arrested for fraud in UK
The United Kingdom customs department discovered £900,000 in hard cash during raids at a shop and house of Mohammed Ameen Mirza. The cash was found stuffed in plastic carrier bags while the raid was being conducted. The discoveries were made during a probe into an alleged £4million VAT fraud. Around £400,000 in cash was found at his residence whereas £500,000 was stashed in one of his stores.
He was charged with fraudulently evading VAT by failing to declare earnings and was released pending further inquiries. Mirza was considered to be a wealthy and an influential businessman in British Asian Community. He was the owner of Nisa one of Britain’s biggest private companies, supplying more than 2500 independent shopkeepers. The firm have a turnover of more than £1.4billion.