Anonymous
Share this content
0
901

Money Laundering

Part 2

Didn't find your answer?

Search AccountingWEB

Just an update to this post.... 

https://www.accountingweb.co.uk/any-answers/money-laundering-59

Court case is now over but the issues found with the accounts were not raised in court so as to protect an innocent party (will update again with further details when possible).

Questions I now have are -

1. While the info was under legal privilege while the case was ongoing, as per David Winch's earlier replies, is this still the case? Do I/can I now report because the substantial fraud (£300k+ lost tax) was not brought up in court? The accountant was 100% involved/helped in this fraud.

2. Are there any implications for the legal team for not bringing this to the court's attention.

As I cannot reply anonymously I will reply here to any questions (if I can)

Thanks for the reply David but slight confusion - the legal team I worked for did not defend the one who commited the fraud but the innocent party

Replies

Please login or register to join the discussion.

05th Nov 2018 15:18

Dealing with your points in order:
1. The information on which your suspicion is based came to you in "privileged circumstances". Nothing has changed about that. You should not file a Suspicious Activity Report.
2. The (defendant's) legal team are aiming (within the rules of court) to have their client not found guilty of the offence(s) of which he was charged. Anything else is irrelevant. If the issues were not raised in court they are not relevant.
David

Thanks (1)
06th Nov 2018 10:52

Quote:

Thanks for the reply David but slight confusion - the legal team I worked for did not defend the one who commited the fraud but the innocent party


Why should the (defence) legal team be criticised for not bringing something to the court's attention which the jury did not need to know in order to reach their verdict(s)? The purpose of the defence legal team is to ensure (within the rules) that their client is not convicted. They have no wider purpose.
David
Thanks (0)
Share this content