Chislehurst tax evasion fraudster jailed

PUBLISHED: 16:03 22 September 2011 | UPDATED: 16:03 22 September 2011

Javad Hamid

Javad Hamid


A fraudster who avoided paying £222,000 in corporation tax and VAT has been jailed for four years.

Javad Hamid, of Chislehurst, was sentenced at Southwark Crown Court last Tuesday (20).

The 45-year-old was the sole director of Rowan Petroleum Services Ltd, which provided consultancy services to the oil and gas industries.

He charged UK and overseas companies £115,577 in VAT, none of which was paid to Revenue and Customs between September 2006 and March 2010. He also did not pay corporation tax on his profits.

The court heard that when questioned by investigators, Hamid produced false invoices stating VAT had not been charged. He also failed to submit corporation tax returns. The officers uncovered evidence which proved he knew the amount of tax due but chose not to submit the returns to avoid paying £106,874.

Hamid was arrested on August 26 last year and charged. On the day he was arrested, £34,200 cash was discovered during a search of his home.

The courts are pursuing seizing his assets.

Assistant director of criminal investigation for Her Majesty’s Revenue and Customs Martin Brown said: “This was a blatant attempt to steal money from the public purse: by a man who knew exactly what he was doing.”

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