Skip to content
Search

Latest Stories

Tower Hamlets’ ex-councillor jailed over £125K housing scam

A FORMER councillor of Tower Hamlets was jailed over a £125,000 housing scam.

The former London councillor will serve his jail term for 16 months and has been ordered to pay £17,500 in costs, besides the £125,000 he has already paid back to the council.


The housing scam, in which Muhammad Harun, 49, was involved, cost the local authority £125,000

Harun bid for hundreds of social rent properties in Tower Hamlets while owning a home in Barking he bought for £230,000 over a decade ago.

Harun is the third Tower Hamlets councillor in seven years to be convicted of housing fraud.

While living in social housing in Poplar, he then purchased his parents’ house in Solander Gardens, Wapping, with a Right to Buy discount.

Those who own their own home cannot legally bid for council housing.

Harun gathered the two properties, now worth an estimated £750,000, over a decade he lived in low-rent accommodation.

The council estimated it cost about £12,000 a year to house Harun as a social housing tenant.

The fraud was uncovered seven months after he was elected as a Tower Hamlets Labour councillor last year.

Jailing Harun at Snaresbrook crown court recently, Judge Sanders said: “You were a beneficiary of accommodation you were not entitled to.”

At a previous hearing, he pleaded guilty to two counts of fraud.

More For You

Shein-Reuters

Shein had aimed to go public in London in the first half of this year, subject to regulatory approvals in the UK and China. (Photo: Reuters)

Shein cuts valuation to £40 billion for London listing

SHEIN is preparing to lower its valuation to around £40 billion for a potential initial public offering (IPO) in London, according to three Reuters sources familiar with the matter.

This is nearly 25 per cent lower than the company's 2023 fundraising valuation as it faces increasing challenges.

Keep ReadingShow less
Northern-Superchargers-Getty

Ben Stokes and Matthew Short of Northern Superchargers walk out to bat during The Hundred match between Manchester Originals and Northern Superchargers on August 11, 2024 in Manchester, England. (Photo: Getty Images)

Sunrisers Hyderabad to acquire Northern Superchargers in £100 million deal

INDIAN Premier League franchise Sunrisers Hyderabad is set to become the first full owners of an English Hundred team after agreeing to buy Yorkshire’s Northern Superchargers for a reported £100 million.

The Sun Group will be the third IPL-linked investor in the eight-team Hundred competition, following Reliance Industries, which owns Mumbai Indians, and RPSG, which runs Lucknow Super Giants.

Keep ReadingShow less
BT-Getty

A view of the British Telecom (BT) headquarters in central London. (Photo: Getty Images)

BT to remove diversity targets from manager bonuses

BT will remove diversity, equity, and inclusion (DEI) targets from its manager bonus scheme, replacing them with a measure of overall employee engagement.

The change, set to take effect in April, follows consultation with major investors and has received “strong support,” according to the company, The Telegraph reported.

Keep ReadingShow less
India's central bank cuts interest rates for first time since 2020

The central bank announced a 25-basis-point cut in the benchmark repo rate to 6.25 per cent, the rate at which it lends to commercial banks.. (Photo credit: Reuters)

India's central bank cuts interest rates for first time since 2020

THE RESERVE BANK OF INDIA (RBI) reduced interest rates on Friday for the first time in nearly five years, citing concerns over economic growth despite inflation risks.

The central bank announced a 25-basis-point cut in the benchmark repo rate to 6.25 per cent, the rate at which it lends to commercial banks.

Keep ReadingShow less
Sri Lanka seeks to negotiate with Adani over renewable energy plants

Gautam Adani

Sri Lanka seeks to negotiate with Adani over renewable energy plants

SRI LANKA’S government started talks with India’s Adani Group to lower the cost of power from two wind power projects the group will build in the island nation’s northern province, the cabinet spokesman said last Tuesday (28).

Sri Lanka has been reviewing the group’s local projects after US authorities in November accused billionaire founder Gautam Adani and other executives of being part of a scheme to pay bribes to secure Indian power supply contracts. Adani has denied the allegations.

Keep ReadingShow less