Four men from Gravesend and Surrey have been sentenced to a total of 25 years in jail for their roles in a fraud worth more than £23 million.
Narinder Chada and Gurmail Dosanjh, both from the Gravesend area, set up companies to buy carbon credits. They would sell them at competitive prices on the open market. But by keeping the VAT they received, rather than passing it on to the Government, they deprived the UK public purse of £11.7 million.
Two other defendants, father and son duo Daniel Andrew Barrs and Daniel Barrs facilitated money laundering for this fraud and a previous case dealt with by HMRC in 2012. The total amount laundered was in excess of £23 million.
The Kent and Essex Serious Crime Directorate commenced an investigation in May 2011 after information was passed to the force by HMRC. The first arrests were made in April 2012 and the case came to trial in 2015.
The two month-long trial at Southwark Crown Court concluded on 26 March, and on 21 April the four men were back at court to be sentenced.
Chada, 62, from The Russetts in Meopham and Dosanjh, 46, from Singlewell Road in Gravesend had both been found guilty of conspiracy to cheat the public purse of £11.7 million. The judge sentenced them to seven years and eight years respectively.
Barrs, 65, from New Place Gardens in Lingfield was given three seven year sentences for money for facilitating money laundering. The jail terms will run concurrently.
Barrs’ 29 year-old son, from Suffolk Close in Horley, was given three sentences of three years each for facilitating money laundering. His jail terms will also run concurrently.