- Tuesday, July 02, 2024
By: Vivek Mishra
A coach company is suing its former accountant, Mohammed Asif Khan, for £1 million, alleging he used company funds to pay escorts.
Khan, a former finance director at North of England Coachworks, is accused of spending around £160,000 on escorts, including £56,000 on Gemma Massey, previously known as Britain’s highest-paid porn star, according to The Times.
Khan, 45, admitted in court to spending company money on escorts but claimed his bosses were aware and approved of his actions.
“The company didn’t care what I spent that money on,” he told the High Court.
Judge Dexter Dias KC heard that Khan worked for the company until 2019, resigning after irregularities in cheque payments and money transfers were discovered.
Sam Neaman, representing the company, stated that the total loss was about £1.1 million.
Khan argued that much of the money was repayment for loans he made to the business during cash-flow problems. He claimed he gave the company £800,000 during that period, the newspaper reported.
Neaman said that even with the amount Khan put into the company, it was still £1.1 million out of pocket over six years.
The trial is ongoing.
