The enigma of the four obscure businesses of the businessman who got £ 40million in cash on leave … and his ‘European headquarters’ is a virtual letterbox in east London
Up to £ 40million in cash leave has been paid in a single month to a range of companies which appear to be unstaffed.
The four UK companies, created by an Indian entrepreneur, each claimed between £ 5 million and £ 10million in May this year.
They were founded by Rajanish Garibe, 44, an elusive businessman whose ‘European headquarters’ of companies turned out to be a virtual letterbox in east London.
Treasury says leave scheme has been abused and there are 23,000 ongoing investigations into ‘incorrect’ payments
The Treasury has disbursed its businesses from its Coronavirus Job Retention Scheme despite their poor or non-existent websites and no evidence of the existence of actual staff.
The Domain Corporation Ltd website – supposedly a technical consultancy firm – is so amateurish it has dummy text on it.
The other three companies – Domain Foundation, Domain International School, and Domain Research Hospital – don’t even appear to have websites.
Yet the two of them demanded enough holiday money in May to cover the salaries of 10,000 employees earning £ 50,000 in wages.
The Treasury says the leave scheme has been abused and that there are 23,000 ongoing investigations into “incorrect” payments.
When Financial Times reporters attempted to contact Garibe, they did not hear from him, but there was a flurry of documents at Companies House “updating” the records to suggest that he was not. plus corporate director.
The Daily Mail has emailed companies asking about the £ 40million and received a response last night from Maria James, managing director, who said Garibe resigned from the companies in early March ahead of the pandemic.
She refused to answer questions.
Last night, HMRC said it could not comment on the ongoing cases, but added: “We are taking tough action to tackle fraudulent and criminal behavior.”