Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


CORRECT: Name suppression lifts on Imran Kamal in tax case

CORRECT: Name suppression lifts on Imran Kamal, accountant in Gilchrist, Anderson tax dodge

(Fixes incorrect sentence in 10th graph)

By Suze Metherell

Jan. 13 (BusinessDesk) - Name suppression has lifted for convicted Wellington accountant Imran Mohammed Kamal, who played a key role in the fictitious invoice writing scheme of former Inland Revenue Department official Brent Gilchrist and former associate Scott Anderson.

Kamal's company, Accountants First, received and paid fake invoices from Gilchrist and Anderson's IT company. The invoices were paid into Kamal's own offshore bank account and he would keep 90 percent of the funds, dividing the rest between the others as a 'fee' for their involvement, the IRD said in a statement.

On his LinkedIn profile Kamal lists having worked as a senior accountant and auditor for Deloittes and was twice nominated, and once a finalist, for the Wellington region's chartered accountant of the year in 2003 and 2007.

Accountant's First describes Kamal as "a lateral thinker and business strategist." His "visionary ideas are geared toward prospects for growth," according to the firm's website.

The IRD'S group tax counsel Graham Tubb said Kamal was a "key player" in the tax evasion case.

"Accountants First Limited also altered tax invoices in an attempt to hide the offending, and used the offshore bank account in a tax evasion scheme, redirecting the funds back into New Zealand through paying for work done on Mr Kamal's house."

The IRD welcomed the Wellington High Court's decision to lift name suppression as of Jan. 10.

"By acting as he did, Kamal has abused the trust placed in him and also used his knowledge and his position to try and cheat the system, but for all that, he still failed and will bear the consequences,"

Tubb said. "The public can be confident that Inland Revenue will take action, including in some cases the removal of the right to act as a tax agent for others."

Kamal was sentenced to three months home detention and 150 hours community work in February last year. The order to lift name suppression was made on Dec. 19.

Last year, Gilchrist got 10 months home detention and Anderson was sentenced to 3 ½ years jail.

(BusinessDesk)

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Trade Plans: Prime Minister's Speech To International Business Forum

"The work to improve public services, build infrastructure, and solve social problems is possible only because we have enjoyed sustained, solid economic growth. A big reason for that is the Government’s consistent agenda of economic reform, and our determination to open up more opportunities for trade with the world." More>>

ALSO:

Media: TVNZ Flags Job Cuts To Arrest Profit Decline

Chief executive Kevin Kenrick said the changes were aimed at creating "a sustainable future video content business for TVNZ in an ever-changing media market." More>>

ALSO:

Reserve Bank: Wheeler Keeps OCR At 1.75%

Reserve Bank governor Graeme Wheeler kept the official cash rate unchanged at 1.75 percent, as expected, and reiterated his view that the benchmark rate doesn't need shifting for the foreseeable future. More>>

ALSO:

Retail: Pumpkin Patch Brand, IP Sold To Catch Group

The receivers of failed children's clothing retailer Pumpkin Patch have confirmed that the company's brand and intellectual property have been sold to Australian online retailer Catch Group. More>>

ALSO:

Oil: 2017 Block Offer Petroleum Tender Launched

New Zealand is well-placed to take advantage of the economic benefits of oil and gas exploration, Energy and Resources Minister Judith Collins announced today at the launch of the 2017 Block Offer petroleum tender. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news