est ever tax settlement cases.
London: Following a house search and the confiscation of 1 million pounds from his bank accounts, a 44-year-old businessman of Indian heritage has been ordered to repay 600,000 pounds (Rs 5.9 crore) in unpaid tax.
Goljar Singh of East Lothian was traced by police when many of his bank accounts were found to have received big cash transfers, according to the Daily Record, in one of Scotland’s largest ever tax settlement cases.
British Indians were forced to repay Rs. 5.9 billion in outstanding taxes.
The payments were discovered to be coming from the same post office in only a few short weeks by the Civil Recovery Unit (CRU) and HMRC in March 2021.
Several suit cases containing more than 3,000 envelopes filled with cash totaling more than 690,000 pounds were discovered during a police search of Singh’s residence in May of last year.
Bank accounts related to Singh were raided for an additional million pounds.
The businessman agreed to give over 600,000 pounds that he said might be recovered.
The resolution marks one of the greatest financial sums that CRU has ever recovered, according to its director, Anne-Louise House.
The Daily Record quoted House as stating, “The money recovered from this individual has been sent to the Scottish Consolidated Fund, which invests money to benefit communities throughout Scotland, under the Scottish government’s CashBack for Communities Programme.”
