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

 

OceanaGold: Man Killed In Waihi Mine Accident

A 29-year-old man had died following a work place accident at OceanaGold mine, Waihi last night. The man was killed after the front end loader he was in rolled down a slope. The accident happened at approximately 6.30pm on Thursday night. More>>

ALSO:

Constructing Consent: Annual Housing Consents Highest In Over A Decade

More than 29,000 new homes gained building consent in the year to June 2016, up 16 percent from the previous June year, Statistics New Zealand said today. More>>

ALSO:

War Against Weevil For Future Peas: “No Peas, No Weevil” Ban Now In Place In Wairarapa

The Ministry for Primary Industries (MPI) has today placed a ban on growing peas within a specified area and placed controls on moving pea material (seed and untreated pea straw) within, in and out of this area for the next 2 years. More>>

ALSO:

Wood Producers: Crisis In New Zealand Log Supply

New Zealand wood processing leaders held a hui with senior government officials and political leaders in Whangarei yesterday to assess the acute log supply shortage to local mills in Northland. More>>

Consents And Taxes: Trustpower 'Very Disappointed' With Judgement

Trustpower is "very disappointed" with a Supreme Court ruling dismissing its bid to claim tax deductions on $17.7 million of project costs in a case closely watched by large-scale infrastructure developers. More>>

ALSO:

Fruitful Endeavours: Kiwifruit Exports Reach Record Levels

In June 2016, kiwifruit exports rose $105 million (47 percent) from June 2015 to reach $331 million, Statistics New Zealand said today. Overall, goods exports rose $109 million (2.6 percent) in June 2016 (to $4.3 billion). More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news