Press release

9 year disqualification for car sales and unlicensed money transfer company director who could not explain over £1.5m of money through its bank account

Manuchehr Maleki-Dizaji, a director of Cromwell Auto Trade Limited Ltd (“Cromwell”), a company that traded selling vehicles and in money transfer and based in Watford has been disqualified as a director by the High Court for a period of 9 years for causing, or facilitating another to cause the company to fail to maintain, preserve and/or deliver up adequate records to explain over £1.5m receipts and payments through its bank account, and for trading as a money transfer agent when it did not have the required licence from HM Revenue and Customs to do so.