A solicitor employed at UK internal revenue service, HM Revenue and Customs (HMRC) is facing disciplinary action, which could include being fired from his position, and possible legal action for blowing the whistle on a deal which saw Goldman Sachs being let off from paying 10 million pounds ($15.6 million) in tax, according to British newspaper The Guardian.
Osita Mba who worked in the personal tax litigation team, told the UK National Audit Office and two committees of Parliament that HMRC had allowed Goldman Sachs to avoid the £10 million ($15.6 million) tax bill in evidence he presented in October.
Mba told the Treasury Select Committee that the permanent secretary for tax at HMRC, Dave Hartnett, had reached a deal with Goldman's "with a handshake" and his evidence led to Hartnett being accused of misleading Parliament, which he denied but admitted he had made a mistake by allowing the deal to take place….
Find out more at http://www.cnbc.com/id/45609195
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