Balli Group Plc
 Balli Group Plc    | |
|---|---|
| Formation | 26 July 1991 |
| Founder | • Vahid Alaghband • Nasser Alaghband • Hassan • Donald Richard Chilvers |
| Headquarters | London |
| A trading company of note. | |
The Balli Group Plc is a privately owned[1] London based company which has traded with Iran.
Staff
The first secretary was Clive George Doxey May.[2] A non-executive director of the group was Lord Norman Lamont, former Chancellor of the Exchequer, from 25 September 1995 to 19 October 2012.[2]
Iranian aircraft deal
"In February 2008, the US State Department contacted its London Embassy requesting “immediate action” over three Jumbo Jets it believed were bound for Iranian-owned Mahan Air, which is banned from operating within the EC. The Boeing 747-400 aircraft, owned by a US subsidiary of the Balli Group, were undergoing maintenance in South Korea, but the US had “strong reason to believe” they were bound for Mahan Air."[1]
2013 administration
In 2013 Privately owned Balli Group plc and two of its affiliates entered administration on March 20, with Deloitte LLP appointed as administrators.[3]
Investigation
The Serious Fraud Office announced on 3 May 2017 that they were investigating Balli Group Plc, Balli Steel and Balli Trading Ltd.[4]
References
- ↑ a b http://www.telegraph.co.uk/news/worldnews/wikileaks/8299355/WikiLeaks-cables-British-firms-made-millions-from-trading-with-Iranians.html
- ↑ a b https://companycheck.co.uk/company/02632984/BALLI-GROUP-PLC/companies-house-data
- ↑ http://uk.reuters.com/article/uk-balli-steel-administration-iran-idUKBRE9310KS20130402
- ↑ https://www.sfo.gov.uk/cases/balli-group/
