The Ministry of Defence has reportedly been conned into buying ineffective underwater scanners in a £1 million fraud, a court has heard.
Tristan Kirk, reporting here for the Evening Standard, has revealed that Government officials were persuaded to invest in precision scanning equipment from contractor Subsea Asset Location Technologies.
“Salt’s chief executive officer Carl Tiltman, 56, has now admitted conning the MoD into buying equipment he knew was useless, in a fraud carried out between April and December 2017. He told a string of lies to the government department, presenting bogus evidence to back up his sales pitch, and allowing a full-scale test to take place.”
Kirk also reported:
“Tiltman recommended spending of almost £1 million on equipment he knew was “not fit for its intended purpose”, according to the charges. He also allowed the MoD to charter a vessel to test out technology that he already knew would not work properly.”
Subsea Asset Location Technologies wound up in 2018.
“Notice is given that by written resolutions, the members of the company passed a special resolution that the company be wound up voluntarily, and an ordinary resolution appointing the Joint Liquidators for the purposes of the winding-up. The requisite voting majority was received on 9 May 2018.”
The firm was reportedly set up in 2009 to provide underwater scanning technology and consultancy services to the MoD.