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A Gibraltar businessman and his son face money laundering charges after concealing £22 million in undeclared tobacco sales


A Gibraltar shop owner has been charged with

  • Concealing a turnover of more than £22 million in undeclared tobacco sales from the tax office.

Rajesh Shukla appeared at the Magistrates’ Court on Tuesday morning facing multiple charges linked to

  • Money laundering and
  • Tax evasion.

62-year-old Rajesh Shukla is the sole director of Riverwall Ltd, a tobacco retailer in Ocean Heights.

The charges against Rajesh Shukla include

  • Tax evasion by falsely declaring his own income, as well as his company’s turnover, making a gain for himself of over £1 million.
  • Possessing £61,816 in cash of various currencies whilst knowing this was criminal property,
  • As well as a further charge of selling more than 200 cigarettes to any individual at any one time.

The alleged offences date back to between 2015 and 2020.

Rajesh Shukla son, 32 year old Rohit Shukla, also faces a charge from August 2020 of possessing criminal property.

  • Being in possession of over £17,000 undeclared income in different currencies, whilst knowing it was criminal property.

The charges follow an extensive financial investigation by Customs officers.

The case has been adjourned until next week, with matters likely to be sent to the Supreme Court due to their serious nature.

Rajesh Shukla has been granted £10,000 bail, with his son bailed at £1,000.

Read the source here -


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