A company director has been jailed for his key role in a £3 million money laundering operation.
Ranbir Singh, 46, pleaded guilty to two counts of money laundering and has been sentenced to six years imprisonment. Kuldip Badesha, 46, Singh’s wife, pleaded guilty to one count of misconduct in public office and has been sentenced to 14 months imprisonment suspended. Both defendants were dealt with at Southwark Crown Court.
The HMRC (His Majesty’s Revenue and Customs) investigation uncovered that Singh was a company director to 12 firms, all of which are dormant.