Company director in jail until January trial
Company director Dylan Creaven, who is charged with fraud and money laundering, will remain in custody at HMP Wandsworth until his trial takes place in January.
Company director Dylan Creaven, who is charged with fraud and money laundering, will remain in custody at HMP Wandsworth until his trial takes place in January.
Link: £160m VAT fraud trial resumes
Last week, 29-year-old Creaven, a director at Eire-based components distributor Silicon Technologies Europe, appeared at the Old Bailey where the prosecution applied to keep him in custody until a trial date could be fixed.
The trial is expected to take place in January 2004.
Creaven has been remanded in custody since November when he was arrested over an alleged VAT fraud, estimated to be worth as much as £162m.
His arrest followed an operation, code-named Chipstick, run by HM Customs and Excise, the Criminal Assets Bureau, Irish police and Irish Revenue Officers of Customs Enforcement. Creaven has been charged with conspiracy to cheat the revenue under Section 1 (1) of the Criminal Law Act 1977 and money laundering offences under Section 93 C (1) (B) of the Criminal Justice Act 1988.
Silicon Technologies declined to comment.
The numbers you crunch tell a story. Your expertis...
21yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleThis follows an investigation into undisclosed personal loans and issues with an acquisition. Despite challenges, the company aims to achieve £1bn in ...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleThere is optimism that the IPO market will rebound in the second half of 2024, driven by pent-up demand and potential improvements in economic conditi...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleKPMG confirms reappointment of it's UK chair, while EY announces Janet Truncale as the next EY global chair and CEO Read More...
View articleThe ICAEW has announced the appointment of its forthcoming chief executive Read More...
View article