HMRC snubbed fraud inquiry into Tory donor Lycamobile - News Summed Up

HMRC snubbed fraud inquiry into Tory donor Lycamobile


French officials requested assistance in their investigation into alleged financial crime at Lycamobile GETTY IMAGESBritish officials refused to aid a French tax fraud and money-laundering investigation into a UK telecoms company, pointing out it was the biggest corporate donor to the Conservatives. HM Revenue & Customs (HMRC) refused to approve a request for help from prosecutors looking to enter the offices of Lycamobile as part of an investigation into alleged financial crime. Correspondence between the French and British officials, obtained by the website Buzzfeed, reveals that investigators in Paris made a formal request to raid the company’s London headquarters, and the home of an executive. UK officials responded in a letter on March 30 last year, claiming that the French request lacked “solid information”. It added: “It is of note that they are the biggest corporate donor to the…


Source: The Times April 19, 2018 11:02 UTC



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